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PGZ (Polska Grupa Zbrojeniowa)

Company

Poland's state-owned Polska Grupa Zbrojeniowa (PGZ) for 2023 controls more than 50 weapons and ammunition firms - from armored personnel carriers to unmanned aerial systems - and owns stakes in dozens of others.

2023: Increased investment in production amid conflict in Ukraine

PGZ plans to invest up to eight billion zlotys ($1.8 billion) over the next decade.

In 2023, PGZ plans to produce 1,000 portable Piorun anti-aircraft missile systems, while in 2022 there were 600, and in previous years - 300-350.

Over the past year, PGZ has stepped up negotiations to enter the African market.