VMZ Sopot

SOPOT, Bulgaria (BulgarianMilitary.com) - VMZ Sopot and Israel’s Aeronautics Group begin their cooperation and technology transfer after their officially signed contract for the production of unmanned aerial vehicles, known as “drones”, learned BulgarianMilitary.com. It is expected this agreement to be a real opportunity for the Bulgarian…

Bulgaria has decided to halt the privatization of a number of state-owned companies, including the country’s two leading defense manufacturers, arms maker VMZ Sopot and weapons exporter Kintex. Bulgarian Finance Minister Vladislav Goranov said the cabinet aims to increase the defense industry’s role in supplying modernized gear to the country’s…