Polish Defence Industry to Skyrocket
The short- and medium-term condition of our defence industry will improve in the wake of the war in Ukraine, with a gush of procurement orders from the Ministry of National Defence. Trouble may be brewing long-term, as there is a shortage of new designs.
Based in Ożarów near Warsaw, WB Electronics is set to make over PLN 2 billion, or USD 500 million: such is the value of the Gladius System delivery contract entered into on 6 May 2022. Of several hundred UAVs, some will be used as surveillance devices, others as kamikaze strike drones. “This is the largest contract in our firm’s history,” said WB Group’s CEO Piotr Wojciechowski during a press conference following the contract signing ceremony. In recent years, the Group had been recording annual revenue of approximately USD 100 million.
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