On Thursday, April 16, 2026, the Czech holding company Czechoslovak Group (CSG) announced that it had received another order from a customer in Europe, worth nearly 300 million EUR, for the delivery of 155 mm artillery ammunition. It is one of several contracts concluded recently, confirming CSG’s strong position on the European large-caliber ammunition market and, thanks to the continuous expansion of its production capacity, also demonstrating the holding’s ability to respond quickly to the growing demand of armed forces around the world.
Photos: CSG
This contract builds on CSG’s recent successes in ammunition and advanced defense systems and reflects the holding’s long-term strategy, focused on expanding production capacity, strengthening vertical integration, and increasing supply chain security.
Within the holding, the design and production of NATO-standard artillery, mortar, tank, and medium-caliber ammunition are handled by Slovakia’s MSM Group, in cooperation with VOP Nováky and ZVS Holding of Slovakia, Fábrica de Municiones de Granada (FMG) of Spain, and ZVI Vsetín of the Czech Republic (Czechoslovak Group Presents Ammunition at BEDEX 2026).
“This contract is further evidence of our partners’ trust in the quality and reliability of CSG’s products. Our strategy to systematically strengthen our manufacturing, development and technological capabilities, including the increased vertical integration of our production processes, enables us to rapidly respond to the demands of our customers in Europe and globally, allowing them to confidently address the security challenges they face,” said Jan Marinov, CEO of CSG Defence Systems.
Due to the sensitive nature of the project, CSG is not disclosing any further details regarding the customer or the specific scope of the deliveries.
CSG is a European leader in the supply of large-caliber ammunition
CSG is one of Europe’s leading manufacturers and suppliers of large-caliber ammunition. A key role in this segment is played by its subsidiary MSM Group, which brings together leading manufacturing companies across Europe and ensures the production of ammunition that meets NATO standards.
In recent years, the holding has systematically invested in modernizing its production facilities, expanding manufacturing capacity, and advancing technology. These measures form part of a broader strategy aimed at strengthening vertical integration and supply chain security, enabling the Group to exercise greater control over key production processes, respond quickly to growing customer demand, and contribute to the strengthening of European defense capabilities.
The latest contract with a European customer continues the holding’s other major contracts in this area. Among them is a contract signed at the beginning of this year by Excalibur International for the delivery of tens of thousands of rounds of artillery and mortar ammunition to a Western European NATO member state, with a total value of hundreds of millions of euros.
It is worth adding that on December 16, 2025, ZVS Holding (part of the CSG holding) launched a new artillery ammunition loading line using screw-loading technology in Dubnica nad Váhom, which will make it possible to achieve production capacity of more than one million rounds of large-caliber ammunition annually. Earlier, it signed a framework agreement worth up to 58 billion EUR with the Ministry of Defence of the Slovak Republic for the supply of medium- and large-caliber ammunition to European Union countries. At the end of October last year, it was also revealed that Czech large-caliber ammunition under CSG license is being produced by the Ukrainian company Ukrainian Bronetechnika, which operates under the Ukrainian Armor (Ukrarmor) brand.
Growth across different segments of the defense industry
At the same time, CSG continues to strengthen its position in other segments of the defense industry. Just a few days ago, the holding announced one of the biggest business successes outside Europe in its history: new contracts for long-term deliveries of air defense systems worth nearly USD 2.5 billion for customers in Southeast Asia. The project also includes a comprehensive service package, ranging from personnel training and logistical support to the supply of spare parts and infrastructure development (Czechoslovak Group Wins 2.5 Billion USD Air Defense Contract).
The new contract confirms the holding’s ability to deliver complex, technologically advanced solutions and, following its stock market debut in Amsterdam earlier this year, also demonstrates CSG’s growing global significance.
More information: https://t.co/d5wQFdvuCE
— CSG (@CSG_HOLDING) April 16, 2026