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CSG wins major contracts for electronic and mechanical ammunition fuzes in two NATO countries worth tens of millions of euros.

Market News
03 Jun 2026
Na
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Bullish
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Czechoslovak Group (CSG) has secured contracts worth tens of millions of euros to supply mechanical and electronic fuzes for large-calibre ammunition to two NATO member countries in Europe. The contracts highlight growing European demand for critical ammunition components and emphasize the importance of resilient supply chains in defense. Production will involve a new joint venture, Fuchs Electronics Europe, between CSG and South Africa’s Reunert, enhancing European manufacturing capabilities. Deliveries are set to begin this year, strengthening Europe's ability to produce modern ammunition and support NATO forces.

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