Rheinmetall is investing $68 million in a new production facility in Szeged, Hungary. According to Christoph Mueller, CEO of Rheinmetall Power Systems, the site will expand the company’s presence in the country, noting that it already has operational plants in Budapest, Zalaegerszeg and Varpalota. “We are delighted to further expand our presence in Hungary, one...
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Tag: defense technology
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Australian Counter-Drone Tech Firm Plans Expansion in the Middle East
An Australian company manufacturing counter-drone technology is aiming to expand its presence in the Middle East. Oleg Vornik, CEO of DroneShield, told Breaking Defense that the company currently has contracts with government agencies from Saudi Arabia, Jordan and Kuwait. He added that the company will set up offices and manufacturing in the region once it...
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BAE’s Defense Portfolio on Show at Polish Tech Expo MSPO
BAE Systems said it will showcase its multidomain defense and security solutions and military partnerships in Poland at the annual International Defense Industry Exhibition MSPO set at Targi Kielce from Sept. 5 to 8. Visitors of the trade show will be able to view a wide range of BAE’s exhibits containing radar, aircraft survivability equipment,...