MSM North America, a subsidiary of Czechoslovak Group, won a U.S. Army contract valued at up to $632 million to design, construct and commission the Future Artillery Complex at the Iowa Army Ammunition Plant. The facility will enable loading of 36,000 155mm artillery rounds per month.
MSM Group, part of Czechoslovak Group, has acquired the Walsrode industrial park in Bomlitz, Germany, including a nitrocellulose production plant previously owned by IFF, to secure supply for defence and industrial applications.
The 14. Oktobar factory in Kruševac, Serbia, announced a €24 million investment to construct new facilities and acquire equipment to boost production capacity. The factory, part of Czechoslovak Group, produces metal components and large-calibre ammunition.