Greek state defence company, Hellenic Defence Systems (EAS) and Paramount Industries Greece have signed a strategic partnership for the local production of next generation, long-range loitering munitions, in a significant move to embolden the Greek defence industry’s indigenous manufacturing capabilities.

Hellenic Defence Systems signs agreement with Paramount to produce IRIX loitering munitions

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Hellenic Defence Systems (EAS) and Paramount Industries Greece have signed a strategic partnership for the local production of long-range loitering munitions.