Officials at the agreement signing ceremony. Credit: MTI.

The Hungarian Government has signed a licence agreement for a €100m ten-year contract with the Czech Republic to manufacture small arms for the infantry.

The agreement was signed between Ceská Zbrojovka Export CEO David Höfer and Hungary Ministry of Defence’s ARZENÁL Co CEO Roland Kránicz. It will see Hungary produce 200,000 firearms.

Initially, Hungary will only assemble the weapons based on a Czech licence. Full production will commence in Hungary from January. The weapons produced were already subject to testing by soldiers and policemen.

“Development of the Hungarian Defence Forces began in 2017 and is expected to continue until 2026 in line with the government’s aim to create a ‘combat-worthy, professional force’.”

According to Hungary Minister of Defence István Simicskó, the contract to manufacture small arms in Hungary represents a significant milestone in the development of the country’s defence forces.

Development of the Hungarian Defence Forces began in 2017 and is expected to continue until 2026 in line with the government’s aim to create a ‘combat-worthy, professional force’.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

As part of the ongoing strengthening of the Hungarian defence industry, the government plans to improve defence industry capacities in cooperation with the V4 countries, the Czech Republic, Hungary, Poland, and Slovakia.

The decision to sign the agreement with the Czech Republic in connection with the manufacturing of small arms was arrived at following consultations with a working group of experts.

Pursuant to the licence agreement, the Czech Armed Forces will also receive certain weapons manufactured in Hungary.

Alongside the contract, Hungary held discussions with other V4 countries to increase defence and military cooperation.