EconomyCzech arms makers turn to space defense to sustain Ukraine-fueled boom
Demand tied to the war in Ukraine has driven rapid growth in Czech arms manufacturing. Czechoslovak Group has acquired a stake in Canadian space technology firm MDA Space as it seeks new avenues for expansion. But the Czech government’s halt to contributions to its ammunition initiative and reluctance to raise defense spending are limiting the domestic market.
Czech arms makers turn to space defense to sustain Ukraine-fueled boom
Economy