Posts Tagged ‘EDCI’
Estonia Signs Contract with the First Manufacturer of the Future Defence Industry Park
The Estonian Centre for Defence Investments (ECDI) and the company Nitrotol OÜ have signed a contract for the production of military explosives and ammunition, including mines and charges, in the defence industry park to be established in Ermistu, Pärnu County.
Deputy Director General of ECDI Asko Kivinuk thanked the company for the good and smooth cooperation. “Nitrotol OÜ has already started production in Ämari, and the first deliveries to the Estonian Defence Forces will arrive from there soon. The experience gained in Ämari will certainly help ensure that the new and larger production unit is completed smoothly and as quickly as possible,” said Kivinuk. “At the same time, I would like to thank ECDI’s partner notary office for their utmost precision and thoroughness in preparing such complex contracts,” he added.
In the first phase, four companies will be able to establish their factories in the defence industry park being developed in Ermistu, Pärnu County: Nitrotol OÜ, Frankenburg Technologies OÜ, Infinitum Strike OÜ, and Thor Industries Ltd via its Estonia-registered subsidiary Odin Defence OÜ.
Read full announcement (external link)
Originally published on 30 Dec
Read MoreEstonia to Purchase at Least Six South Korean–Made Chunmoo Multiple Rocket Launchers
The Estonian Centre for Defence Investments (ECDI) and representatives of the South Korean defence industry company Hanwha Aerospace have signed a contract for the procurement of six Chunmoo multiple rocket launchers. The contract, worth nearly €290 million, covers the launcher systems, three types of missile systems (CGR-080, CTM-MR, CTM-290), as well as operational and training support. In addition, modifications to the platforms will be ordered to ensure they meet Estonian conditions and traffic regulations. Deliveries will begin in the second half of 2027, and the framework agreement allows for the future procurement of additional systems.
“Estonia began developing its deep-strike capability this April with the acquisition of the U.S. HIMARS systems. Since multiple rocket launchers are of invaluable importance from a military capability perspective, I am extremely pleased that, in addition to U.S. HIMARS, we will now also acquire South Korean Chunmoo systems, thereby significantly enhancing both Estonia’s and NATO’s overall deterrence and defence capability,” said Minister of Defence Hanno Pevkur.
As part of the framework agreement, Hanwha Aerospace will also make investments in Estonia’s defence industry in accordance with the volume and conditions set out in the contract. “As part of the agreement, the company will invest one-fifth of the total procurement contract value in Estonian industry. The initial investment should return amount value of €40~60 million to Estonian defence industry companies,” explained Katri Raudsepp, Acting Director General of the Estonian Centre for Defence Investments (ECDI).
Read full announcement (external link)
Originally published on 21 Dec
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