News in Brief
Defense Minister: Hungary is building a high-tech military
Marking National Defense Day, Minister Szalay-Bobrovniczky said Hungary's military upgrade was underway but there was still more to be done.
Defense Industry
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News in Brief
Defense Minister: Hungary’s military power must be effective and the defense industry competitive
The government aims to double the share of Hungarian defense industry suppliers and see more businesses certified as NATO suppliers.
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Government committed to using Hungarian-made military equipment
The defense minister said that meeting that goal was of strategic importance for the country’s security.
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PM Orbán holds talks with Rheinmetall CEO
PM Orbán and Papperger agreed that in times of strife and amidst the war in Ukraine, the decision to launch Hungary’s defense industry development program had proved a good one.
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Defense Minister: Building a strong defense industry is in Hungary’s security interest
Kristóf Szalay-Bobrovniczky said the government will set up a national defense innovation system connected to the international network.
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Hungary to become central Europe’s top defense industry hub
The government aims to make Hungary central Europe’s top defense industry hub for production and R&D.
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Hungary to become defense industry hub for central Europe
The government considers it a priority goal of its national and economic strategy that Hungary should become a decisive defense industry hub for central Europe in terms of manufacturing and research and development.
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PM Orbán focuses on ways to boost Hungary’s defense and economy
PM Orbán met Armin Papperger on Tuesday and discussed ways to strengthen Hungary’s strategic partnership with Rheinmetall.
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Hungarian government committed to investing in defense industry
The Hungarian state has purchased British-Austrian-owned company Hirtenberger Defense Systems. Hirtenberger has been developing artillery equipment and ammunition for 160 years.
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Hungary signs defense agreement with Swiss technology company
RUAG is one of the world’s one hundred most important defense industry companies, and plans to manufacture fuselage elements for its Airbus 320 and Bombardier aircraft at its plant in Eger. The investment will create 180 new jobs. The government is contributing 382 million HUF in non-returnable funding towards the project
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Hungary holds talks with India in Budapest
PM Orbán said that “Hungary needs investors like India”. He said that Hungary is reaching full employment and the country has “exhausted its labor force”