Bumech expands U.S. ties

Bumech has struck its third international defense partnership, signing a cooperation deal with U.S.-based United Manufacturing Technologies (UMT). The publicly listed Polish firm wants its Bumech Defense subsidiary to move into repairs, servicing and upgrades of heavy armored vehicles, as well as counter-drone technologies—news that pushed the share price higher.

The U.S. agreement includes the overhaul and modernization of…