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CSG wins $1B truck deal in southeast Asia, expands ammunition production in Slovakia

Czechoslovak Group signs a $1B-plus deal to deliver 4,000 military trucks to Southeast Asia and opens a new €100M ammunition filling line in Slovakia to expand large-calibre output.

Czech defence manufacturer Czechoslovak Group (CSG) said Tuesday it has secured a contract worth more than $1 billion to supply 4,000 military trucks through its Tatra Defence Slovakia unit to an unnamed customer in Southeast Asia.

In a separate development, CSG said its 50-50 joint venture with the Slovak government, ZVS Holding, has opened a new large-calibre ammunition filling line valued at nearly €100 million ($117.6 million). The company said the facility will support its objective of increasing annual large-calibre ammunition production capacity to more than 1 million rounds.