Defence & Space

Poland’s 6th Airborne Sharpshooters Complete Training with New Grot DMR

In July, the first-ever course in the Polish Armed Forces for sharpshooters equipped with semi-automatic Grot 7.62×51 designated marksman rifles took place…

2025-07-15 | Jakub Link-Lenczowski | 5 minutes

5000 more Galvion’s Batlskin Caiman helmets for the Canadian DICE programme

Galvion receives further follow-on Batlskin Caiman order of 5000 helmets, for the Canadian Dismounted Infantry Capability Enhancement (DICE) programme.

2025-07-15 | Redakcja | 3 minutes

SIPRI: Nuclear risks grow as new arms race looms

The Stockholm International Peace Research Institute published a report entitled SIPRI Yearbook 2025, which, among other things, discusses the issue of…

2025-06-16 | Redakcja | 10 minutes

Polish 35 mm SA-35 Self-Propelled Anti-Aircraft Gun with PIT-Radwar

During the recent MSPO trade fair in Kielce, the company PIT-Radwar presented its proposal for a 35 mm self-propelled anti-aircraft gun designated…

2025-06-13 | Przemysław Gurgurewicz | 13 minutes

Poland’s 6th Airborne Sharpshooters Complete Training with New Grot DMR

In July, the first-ever course in the Polish Armed Forces for sharpshooters equipped with semi-automatic Grot 7.62×51 designated marksman rifles took place…

2025-07-15 | Jakub Link-Lenczowski | 5 minutes

Second Delivery of K9A1 Thunder Howitzers to Poland This Year

A shipment of 155 mm K9A1 Thunder self-propelled howitzers arrived in Poland from the Republic of Korea, the second delivery of its…

2025-07-15 | Rafał Muczyński | 3 minutes

Orion: The Force Multiplier that led the IDF to unmatched ground superiority

Orion, developed by Asio Technologies in collaboration with the Israel Defense Forces (IDF) technology division and in full operational deployment by the IDF, has…

2025-07-09 | Redakcja | 4 minutes

SKW Cryptographic Security Certificate for Polish Comp@n Radio Set from the WB Group

The WB Group announced that the Comp@n system radio set, developed by its subsidiary Radmor, along with the Cryptographic Document Management…

2025-06-14 | Redakcja | 4 minutes

Wescom Defence to Unveil ATMIS Multispectral Camouflage at DSEI 2025

Wescom Defence, a trusted provider of pyrotechnics, energetics and a wide range of reliable products and systems to global defence forces, will officially…

2025-07-14 | Redakcja | 3 minutes

2nd S.E.A.L Conference under Our media patronage

We are pleased to announce that MILMAG Military Magazine has become the media patron of the second edition of the SE.A.L Conference,…

2025-07-11 | Redakcja | 1 minutes

5000 more Galvion’s Batlskin Caiman helmets for the Canadian DICE programme

Galvion receives further follow-on Batlskin Caiman order of 5000 helmets, for the Canadian Dismounted Infantry Capability Enhancement (DICE) programme.

2025-07-15 | Redakcja | 3 minutes

ICEYE unveils machine learning-powered Flood Rapid Impact Product to revolutionize response

The Polish-Finnish company ICEYE, a specialist in satellite-powered disaster management solutions, has announced the launch of Flood Rapid Impact (FRI).

2025-07-15 | Redakcja | 5 minutes

Illegal migration to Europe in the first five months of 2025

The European Border and Coast Guard Agency (Frontex) has published statistics on attempted illegal crossings of the EU’s external borders in the…

2025-07-08 | Redakcja | 3 minutes

LOT Polish Airlines Selected for Air Transport and MEDEVAC under the EU’s rescEU Program

LOT Polish Airlines has signed an agreement to provide air transport and MEDEVAC services. As part of the EU’s rescEU instrument under…

2025-07-07 | Redakcja | 4 minutes

Poland’s 6th Airborne Sharpshooters Complete Training with New Grot DMR

In July, the first-ever course in the Polish Armed Forces for sharpshooters equipped with semi-automatic Grot 7.62×51 designated marksman rifles took place…

2025-07-15 | Jakub Link-Lenczowski | 5 minutes

5000 more Galvion’s Batlskin Caiman helmets for the Canadian DICE programme

Galvion receives further follow-on Batlskin Caiman order of 5000 helmets, for the Canadian Dismounted Infantry Capability Enhancement (DICE) programme.

2025-07-15 | Redakcja | 3 minutes

Illegal migration to Europe in the first five months of 2025

The European Border and Coast Guard Agency (Frontex) has published statistics on attempted illegal crossings of the EU’s external borders in the…

2025-07-08 | Redakcja | 3 minutes

East Shield and the Baltic Defense Line: Cooperation and Investment in Defense Are the Cornerstone of Europe’s Security

East Shield, the Baltic Defense Line, the integration of available deterrence and defense capabilities, and EU defense funding were the main…

2025-07-02 | Redakcja | 2 minutes

ICEYE unveils machine learning-powered Flood Rapid Impact Product to revolutionize response

The Polish-Finnish company ICEYE, a specialist in satellite-powered disaster management solutions, has announced the launch of Flood Rapid Impact (FRI).

2025-07-15 | Redakcja | 5 minutes

LYOFOOD Pierogi Become First Polish Dish Eaten in Space

Yesterday, during a live broadcast from the International Space Station, our astronaut Dr. Sławosz Uznański-Wiśniewski, together with Axiom-4 mission commander Peggy…

2025-07-07 | Rafał Muczyński | 3 minutes
Shooting

Galvion’s Caiman Helmets from Gdańsk

Two weeks have passed since the memorable Monday, June 23, of this year. The emotions have settled, and the long…

2025-07-10 | Dariusz Borkowski | 10 minutes

CZ Shooting Team athletes take home 13 medals from the CZ Extreme Euro Open

Sport shooters representing Ceska zbrojovka brought back six gold, four silver, and three bronze medals from Hodonice, along with four…

2025-07-04 | Redakcja | 4 minutes

Upgraded Z8i Scope from SWAROVSKI OPTIK

Swarovski Optik, the Austrian optics manufacturer with nearly 80 years of tradition, has unveiled an upgraded version of its Z8i…

2025-07-03 | Mariusz Piwowar | 3 minutes

Streamlight introduces the SL-SideSaddle

Streamlight, Inc., a leading provider of high-performance lighting tools, announces the SL-SideSaddle series, a new hands-free lighting solution built for outdoor adventure…

2025-07-01 | Redakcja | 3 minutes

Galvion’s Caiman Helmets from Gdańsk

Two weeks have passed since the memorable Monday, June 23, of this year. The emotions have settled, and the long…

2025-07-10 | Dariusz Borkowski | 10 minutes

IFRE 2025: Maskpol Showcases Protective Suits and Gas Masks

Maskpol, a company within the Polish Armaments Group (PGZ), presented part of its product range—protective suits and gas masks—at the 5th…

2025-06-17 | Michał Ihnatów | 2 minutes

Galvion’s Caiman Helmets from Gdańsk

Two weeks have passed since the memorable Monday, June 23, of this year. The emotions have settled, and the long…

2025-07-10 | Dariusz Borkowski | 10 minutes

CZ Shooting Team athletes take home 13 medals from the CZ Extreme Euro Open

Sport shooters representing Ceska zbrojovka brought back six gold, four silver, and three bronze medals from Hodonice, along with four…

2025-07-04 | Redakcja | 4 minutes

CZ Introduces the New CZ P-10 C PORTED Model

CZ P-10 C PORTED – a compact pistol with tamed recoil thanks to an integrated compensator.

2025-07-02 | Redakcja | 3 minutes

Meprolight MMX3 and MMX4 – Lightweight Magnifiers with Quality Optics

The Mepro MMX3 and MMX4, a new line of compact magnifiers from the Israeli manufacturer. How do they perform in practice and how…

2025-06-27 | Krzysztof Ptak | 8 minutes

Paris Air Show 2025: Bayraktar TB3 Debuts

The 55th edition of the International Paris Air and Space Show, held in the French capital, provided an opportunity for Baykar…

2025-06-19 | Radosław Niesobski | 3 minutes

Setting Up a Shooting Belt: An Example with Clawgear

To assist with shooting training and beyond, various belts and gear configurations have been developed and customized to suit individual needs. It’s…

2024-11-28 | Łukasz Kołodziejski | 14 minutes

Over 100% increase in gun permits in Poland in 2024

The Polish Police have released statistical data on firearm permits issued in 2024. An increasing number of Poles now hold a permit, with…

2025-02-20 | Michał Ihnatów | 5 minutes

Firearms In Poland 2023: Number of permits continues to grow

The National Police Headquarters has released statistics regarding the number of firearm permits and firearms themselves in the hands of Poles.…

2024-02-17 | Michał Ihnatów | 5 minutes

5 Best Value ATN Rifle Scopes Under €1500

ATN is a leading manufacturer of daytime optics, smart night vision, and thermal vision technology. The innovative features and ergonomic designs…

2022-11-11 | Redakcja | 9 minutes

MILMAG Visits Grand Power

Grand Power is a Slovak manufacturer of the acknowledged good quality firearms. Take part in our guided tour with English subtitles.

2022-05-23 | Redakcja | 1 minutes

Meprolight MMX3 and MMX4 – Lightweight Magnifiers with Quality Optics

The Mepro MMX3 and MMX4, a new line of compact magnifiers from the Israeli manufacturer. How do they perform in practice and how…

2025-06-27 | Krzysztof Ptak | 8 minutes

Streamlight TLR-7 HL-X – a Bayonet of Light for Your Weapon

The devil’s not so scary once you shine a light on him—and he’s certainly easier to neutralize in the spotlight. A weapon-mounted flashlight is practically…

2025-06-09 | Anna Mielczarek | 6 minutes

EOTECH Holographic Sight – History, Technology, Practice

The holographic sight is a device known for nearly 30 years and used by professionals around the world. A favorite sight of many…

2024-09-02 | Michał Gaweł | 12 minutes

Poland: Grupa Niewiadów secures 250 million PLN for strategic project

Polska Grupa Militarna, together with Grupa Niewiadów, signed an agreement with FORUM 119 Closed-End Investment Fund, financed by the Fidera Group, for a joint business venture worth 250 million PLN.

On Tuesday, June 10, 2025, Polska Grupa Militarna (PGM), together with Grupa Niewiadów (GN), signed an agreement with the FORUM 119 Closed-End Investment Fund, financed by the Fidera Group, for a joint business venture (JV Agreement). Under the agreement, a total of 250 million PLN in funding was secured (PGM and Grupa Niewiadów to secure PLN 250 million in funding for a strategic defense infrastructure project).

Images: Grupa Niewiadów

The secured funds will be used to implement a strategic project in the defense sector—the construction and launch of a modern ammunition filling facility, with a planned production capacity of 120,000 units per year, expandable to 180,000 units annually.

The signing of the agreement is not only a negotiating success, but above all the clearest proof of our consistent efforts to strengthen national defense capabilities. Securing this financing enables us to launch a project that will expand domestic production capacity for advanced ammunition, in direct response to Poland’s real needs. This is a tangible investment in national security as well as the country’s technological and industrial development. The partnership with the Fidera fund provides us not only with stable capital backing, but also with the support of an experienced partner with strong competencies. In our view, this agreement—which allows for the Group’s continued dynamic growth—will support our plan to transfer our shares to the regulated market of the Warsaw Stock Exchange (GPW),” said Grzegorz Niedzielski, CEO of PGM and Grupa Niewiadów.

Closing the transaction with the Fidera fund confirms the trust placed in our development vision and the direction we are taking as an organization, following the ambitious merger of the two groups. The signed agreement significantly strengthens both our financial standing and operational capabilities, creating a stable foundation for strategic projects. This enables us to move from the planning phase to execution and begin deploying modern technologies that will become a pillar of Poland’s defense capabilities in the years to come,” added Radomir Woźniak, Vice President of the Management Board at PGM.

Details Of The Agreement

The financing structure for the above-described venture, as agreed by the parties, includes the following components:

  1. Fidera will acquire 20 million series K shares of the Issuer in exchange for 100 million PLN;
  2. Fidera will provide a 30 million PLN loan to ZSP Niewiadów, with a repayment term of 24 months, to support strategic and technological development, modernization of ZSP assets, and to secure the execution of the ammunition filling line agreement;
  3. Fidera will make a direct investment of 120 million PLN in EG Polska in exchange for a 65% ownership stake, earmarked for the development of filling (elaboration) capabilities.

The key element for which the secured funding will be used is the construction and launch of a modern 155 mm ammunition filling line, with a planned production capacity of 120,000 units per year, expandable to 180,000 units annually. Additionally, the companies intend to apply for public subsidies, which may further accelerate and scale up the investment. It should be noted that upon the signing and execution of the JV Agreement, ZSP Niewiadów will remain 100% owned by Grupa Niewiadów, which is itself wholly owned by PGM.

The ammunition filling facility will be developed as part of a joint investment by ZSP Niewiadów and Fidera in the company EG Polska. In addition to its capital contribution, ZSP Niewiadów will also provide staffing and technical support for the venture. ZSP Niewiadów will remain entirely within Grupa Niewiadów’s ownership and will retain direct influence over the management of EG Polska and the making of key decisions.

EG Polska will remain a subsidiary within the PGM Capital Group, which has committed to allocating 55 million PLN to provide a loan to Grupa Niewiadów, designated for financing ZSP’s operational activities related to ammunition filling.

A Strong Player in Poland’s Defense Sector

The merger of Polska Grupa Militarna, listed on the NewConnect stock exchange, with Grupa Niewiadów, a recognized manufacturer of special-purpose equipment and solutions for both military and civilian sectors, has led to the formation of a new capital group with enhanced operational and technological capabilities

The integrated entity operates within the broadly defined defense sector. The Group also includes companies specializing in the development of unmanned systems (drones), dual-use products, military logistics, and advanced technologies for the armed forces. It holds an MSWiA license for the production and storage of ammunition, the trade of military goods, and is actively developing advanced solutions tailored to the needs of the modern battlefield.

One of its key assets is ZSP Niewiadów—a company with over 100 years of history in defense manufacturing and proven experience in supplying the Polish Armed Forces. The Group is currently implementing a strategic project to build a modern 155 mm ammunition factory, addressing the growing defense needs of Poland and its allies. 155 mm ammunition is a critical component of military equipment worldwide.

Thanks to its scale of operations, complementary high-level competencies, and modern technological base, the Group is forming a strong defense industry holding—one of the most comprehensive and dynamically growing private-sector players in the country. The Group’s products are delivered to both the domestic and export markets.

Growing Demand for 155 mm Ammunition

According to management estimates, based on planned armament levels, Poland’s strategic demand for 155 mm ammunition is approximately 3 million rounds.

155 mm artillery ammunition is a key component of military equipment worldwide. In Ukraine, 155 mm rounds play a crucial role in combat operations, with daily usage ranging from 3,000 to 10,000 rounds. Before the war in Ukraine, the price per round ranged between 2,000 and 3,000 USD. Due to increased demand and rising production costs, prices have surged significantly—reaching between 6,000 and well over 10,000 USD on the European market.

Since the start of Russia’s invasion of Ukraine, the combined production of 155 mm ammunition among the three largest European manufacturers has increased fivefold. It is estimated that by 2027, total output will reach more than eight times the pre-invasion production volume.

Press release

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