defense

The export of the defense industry this year is expected to exceed 1.6 billion dollars

The export of the Serbian defense industry for this year will exceed 1.6 billion dollars, which is 25 percent more compared to 2022. One of the largest export contracts relates to 48 NORA 155mm artillery systems, but the official announcement of the buyer has not been made yet. Demand for military weaponry, and consequently for products from the Serbian defense industry, comes in waves. In the wake of the war in Ukraine, the topic of armaments was not in focus…