CSG group to supply tens of thousands of artillery and mortar ammunition to European NATO member country
Globenewswire·2026-02-20 09:46

Group 1 - Excalibur International, part of the CSG group, has signed a contract with a NATO member country in Western Europe for the supply of tens of thousands of artillery and mortar ammunition, valued in the low hundreds of millions of euros [1] - The contract was awarded through an accelerated tender procedure due to the urgent need to replenish ammunition stocks for the armed forces of the NATO member country [1] - MSM Group will collaborate on the project, with ammunition manufactured by companies within the MSM Group, which includes major European producers meeting NATO standards [2] Group 2 - The contract exemplifies CSG group's strategy to establish and develop partnerships with NATO countries, which are crucial for European security [3] - CSG offers its production capacities to both NATO and reliable partners outside of it, enhancing the European defense industry's global significance [3] - CSG N.V. is a leading European defense group based in Prague, focusing on the development and production of defense and industrial technologies, with key manufacturing facilities across multiple countries [4] Group 3 - CSG employs over 14,000 people across its integrated and affiliated companies and reported annual revenues of EUR 4.0 billion in 2024 [4] - The group is traded on Euronext Amsterdam under the symbol CSG [4]