16:16 19 October 2023
US Army signs $1.5 bln deal with 9 ammunition producers, including Polish Nito-Chem
The U.S. Army has signed contracts worth $1.5 billion with nine companies, including Nitro-Chem in Bydgoszcz, for increased production of 155mm artillery ammunition destined for Ukraine. Bydgoszcz-based Nitro-Chem, part of the Polish Armaments Group, is a major global explosives manufacturer. The deal involves supplying ammunition to the Ukrainian Armed Forces, with trotyl being a key component, supplied by Nitro-Chem.
The company aims to expand internationally, targeting markets in Bulgaria, Spain, France, Sweden, Portugal, Finland, Scandinavian countries, and Asian nations. The contract ensures financial gains, job security, and enhances Nitro-Chem's position in the challenging global ammunition market.
Source: wnp.pl
