Core Viewpoint - CSG has signed a cooperation agreement with PGZ to integrate a modular mining deployment system onto Tatra vehicle platforms for export markets, aligning with Saudi Arabia's Vision 2030 program [1][3][5]. Group 1: Agreement Details - The cooperation agreement involves CSG, CSG Polska, and PGZ, focusing on commercial and technological collaboration [2][3]. - The modular mining deployment system will be offered on third-country markets, with Saudi Arabia identified as a potential initial market [3][4]. - The agreement allows for the expansion of cooperation to additional markets, particularly targeting European NATO member states [4]. Group 2: Product Information - The Modular Mine Laying System (MMLS) is a modern solution developed by PGZ, featuring full automation and customizable deployment capabilities [8][9]. - The system can deploy mine barriers at depths ranging from 60 to 180 meters and lengths up to 1,800 meters [8]. - The MMLS is designed for various chassis configurations, including wheeled, tracked, and unmanned platforms [9]. Group 3: Strategic Importance - The agreement represents a significant step in the ongoing collaboration between CSG and PGZ, emphasizing project-based cooperation [5][6]. - Both companies aim to leverage their strengths to attract market interest in modern mining solutions [5][7]. - PGZ views the partnership as mutually beneficial, expanding opportunities for both companies in foreign markets [7]. Group 4: Company Background - CSG is a leading European defense group with a focus on developing and supplying defense technologies, employing over 14,000 people and reporting annual revenues of EUR 4.0 billion in 2024 [11]. - PGZ is a major player in the Polish defense industry, comprising nearly 70 companies and addressing a wide range of defense needs [13].

Workers at British defence group BAE Systems in northwest England plan to take part in strikes from February 2 until at least February 20 in a dispute over pay and conditions, a union representing the... ...

Core Viewpoint - Rheinmetall AG's CEO Armin Papperger is advocating for the acquisition of a portion of rival KNDS NV to establish a consolidated European land defense company, addressing the continent's fragmented defense industry [1] Group 1: Company Strategy - The proposed acquisition aims to strengthen Rheinmetall AG's position in the defense sector by creating a more unified and competitive European land defense entity [1] - This move is part of a broader strategy to enhance collaboration and efficiency within the European defense market, which has been characterized by fragmentation [1] Group 2: Industry Context - The European defense industry has been facing challenges due to its fragmented nature, which has led to inefficiencies and increased competition among various players [1] - By consolidating resources and capabilities, the new entity could potentially improve defense procurement and innovation across Europe [1]

CLOSING GAPS OUR VISION 2030 Armin Papperger, CEO CAPITAL MARKETS DAY – 18. November 2025 © Rheinmetall AG I 25. September 2025 CLOSING GAPS Expansion is the common denominator Expansion across the portfolio ▪ Vehicle Systems ▪ Weapon and Ammunition ▪ Air Defence ▪ Digital ▪ Naval Expansion into ▪ Air ▪ Space ▪ Naval Become the largest European fighting force ▪ ReBuild ▪ ReArm ▪ ReEquip Dramatic spending increase ▪ NATO target of 5%* by 2035 ▪ Germany 3.5% by 2029 30 years underspending Capabilities Capacit ...

Core Viewpoint - BAE Systems, Britain's largest defense company, anticipates growth in operating profit driven by sustained demand, particularly from Turkey for Typhoon aircraft and Norway for Type 26 frigates [1] Group 1 - The company reported strong order inflows, indicating robust market demand [1] - Orders from Turkey and Norway are significant contributors to the company's positive outlook [1] - The forecast for growth in operating profit reflects confidence in the defense sector's resilience [1]

Group 1 - Lithuania is in discussions with German defense conglomerate Rheinmetall for a second investment project [1]

Core Insights - Larsen & Toubro (L&T) has formed a strategic partnership with General Atomics Aeronautical Systems (GA-ASI) to manufacture Medium Altitude Long Endurance (MALE) remotely piloted aircraft systems in India for the armed forces [1][2] - L&T will act as the prime bidder for the Ministry of Defence's procurement of 87 MALE RPAS units, with GA-ASI providing technology support [2] - The collaboration aims to enhance India's self-reliance in defense manufacturing and aligns with the government's Atmanirbhar Bharat and Make in India initiatives [2][4] Company Overview - L&T is a $30 billion Indian multinational with a strong presence in engineering and precision manufacturing within the defense and aerospace sectors [4] - The company has maintained leadership positions in its core businesses for eight decades [4] Industry Impact - The partnership signifies a notable expansion of Indo-US defense cooperation and is expected to strengthen India's defense manufacturing ecosystem [4][5] - GA-ASI has extensive experience in unmanned aerial systems, with its Predator line having completed over 9 million flight hours globally [3]

Core Viewpoint - PST Group has secured a €141 million contract for the construction of a defence factory in Lithuania, marking the largest investment in the country's defence industry history [1] Project Overview - The factory complex will be established on a 340-hectare site in Kemėrai village, focusing on the production of tens of thousands of 155 mm caliber artillery ammunition annually [2] Strategic Importance - This project is crucial for enhancing Europe's ammunition production capacity and has been granted special status by the Lithuanian Government in 2024, recognizing it as essential for state security and defence needs [3] Responsible Approach - The CEO of PST Group emphasized the project's significance for national and European security, highlighting the company's experience in industrial construction and commitment to quality and sustainability. The Rheinmetall project contributes to a broader portfolio exceeding €400 million [4] Construction Plans - Construction is set to commence in October 2025, with the completion of the factory complex anticipated by the end of 2026 [5]

Core Points - Bulgaria and Rheinmetall have finalized a deal exceeding 1 billion euros (approximately $1.2 billion) for the establishment of a manufacturing plant [1] Group 1 - The deal will focus on the production of gunpowder and 155-mm artillery shells [1]

Core Insights - Critical Infrastructure Technologies Ltd. (CiTech) has signed a Non-Disclosure Agreement (NDA) with H. Cegielski – Poznań S.A. (HCP), a subsidiary of Polska Grupa Zbrojeniowa S.A. (PGZ), to facilitate the exchange of confidential information related to the manufacture of CiTech's Nexus Tower [1][2] - This collaboration is a significant step in CiTech's strategy for European industrial expansion, aiming to establish localized manufacturing and engineering partnerships across Europe [3] - The Nexus Tower Project involves the design and production of a 20-meter autonomous, relocatable tower system for rapid deployment in communications, surveillance, and integrated mission systems [4] Company Overview - CiTech is focused on developing autonomous, high-capacity mobile communications and security platforms, targeting sectors such as mining, defense, border security, and emergency services [8] - The company has completed the research and development phase of its first product, the Nexus 16, which aims to provide critical mobile telecommunications [8] - HCP, founded in 1846, specializes in large-scale mechanical manufacturing and defense production, making it a suitable partner for CiTech's Nexus Tower program [6]