Poland to invest $665 million to boost ammunition output

Reuters
Reuters

Poland will invest nearly $665 million in building three ammunition factories, aiming to boost defence readiness amid growing regional tensions.

Poland's State Assets Ministry announced that four companies under the Polish Armaments Group (PGZ) will receive 2.4 billion zlotys ($664.80 million) to build three ammunition plants. This move is part of a broader European effort to enhance military capabilities and reduce reliance on the United States.

"Our goal is to quickly scale up domestic production of ammunition critical to modern warfare," said State Assets Minister Jakub Jaworowski.

The factories will produce 155 mm artillery shells, in high demand since Russia’s 2022 invasion of Ukraine depleted European stockpiles.

PGZ plans to increase its annual output to at least 150,000 shells by late 2027 or early 2028. Current production is deemed inadequate, according to officials. The Polish Armaments Group Head, Adam Leszkiewicz emphasized the urgency of the project.

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