US EditionTatra Trucks-4iG Cooperation Part of Comprehensive Geopolitical Strategy
10 Articles
10 Articles
Orbán: Central European Cooperation Key to Stronger Defence Industry
Hungarian Prime Minister Viktor Orbán said Central European countries can become influential players if they cooperate more closely, speaking at a Budapest event where new defence industry partnerships were announced. The event marked the signing of a long-term strategic agreement between 4iG Space and Defence Technologies Ltd and Czechoslovak Group, as well as expanded cooperation with the Hungarian Defence Forces. ‘Individually we weaken, but …
According to Viktor Orbán, 4iG and the Rába it owns will become the flagship of the Hungarian defense industry.
A strategically important defense industry agreement was announced in Budapest: the cooperation between 4iG Space and Defense Technologies Ltd., Rába Vehicle Holding and the Czech CSG could raise the Hungarian military industry to a new level, while the production of a new Hungarian HIMARS variant could even start in Győr. A brutal Hungarian announcement was made on Monday.
► CSG enters the Hungarian Defence Industry. To participate in the delivery of thousands of military vehicles; investment plans also includeIntegration of HIMARS Systems at Rába
The global industrial and technology group CSG will acquire a 49% stake in 4iG Space & Defence Technologies, thereby also indirectly becoming a 37% shareholder
The 4iG subsidiary has signed a framework agreement with the Hungarian Defence Forces until 2030. Over the next 5 years, 4iG can supply up to 4 billion euros to the Hungarian Defence Forces. ... ...
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