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CSG Defence Systems' revenue up 55% — how supplies to Ukraine are strengthening Europe's defense industry

Money loves silence: In 2025, Czech CSG Defence Systems reported a 55.3% jump in revenue — not just figures, but a signal of a large-scale restructuring of production chains in favor of Ukraine and its allies.

Tetiana Suchkova-Ladik

By Tetiana Suchkova-Ladik

March 26, 2026 · 2 min read

CSG Defence Systems' revenue up 55% — how supplies to Ukraine are strengthening Europe's defense industry
Продукт CSG Defence Systems (Фото: CSG Defence Systems)

Growth amid demand for the front

According to LIGA.net, CSG Defence Systems increased revenue in 2025 by 55.3% — to €5.3 billion. The company attributes this growth primarily to increased demand for artillery and ammunition, in particular due to direct supplies and cooperation with firms working to meet the needs of Ukrainian defense.

Key financial indicators

Total revenue rose to €6.7 billion (+71.7% y/y). Operating profit was €1.6 billion with a margin of 24.1%, and net profit was €872 million. The order backlog reached €15 billion, and potential contracts are valued at a further €27 billion.

What they did in production

Operational steps include licensed production of large-calibre ammunition in Ukraine and the launch of automated 155 mm lines in Slovakia. In addition, a strategic agreement was signed with KNDS Deutschland on the manufacture of hulls for Leopard 2A8 tanks. These decisions not only increase production volumes but also diversify supply chains in Europe.

"Demand for artillery and ammunition has risen sharply, and we are expanding production to supply our partners"

— CSG Defence Systems press service

Why this matters for Ukraine

The fact that large volumes of products are coming from European factories is not just a business success. It strengthens logistics for front-line supplies, reduces dependence on individual manufacturers, and creates production capacity closer to Ukraine. Analysts note that when defense companies scale up production in the region, it increases the operational resilience of supplies and enables faster responses to units' needs.

Context and risks

CSG is not an isolated case. On April 3 it emerged that arms holding Czechoslovak Group AS tripled its profit in 2024 thanks to increased deliveries to Ukraine and NATO countries. At the same time, rapid scaling of production requires quality control, uninterrupted supply chains and transportation — tasks that must be addressed in parallel with volume increases.

Conclusion

These financial results are an indicator of partners' trust and a marker of how the war is transforming the European defense industry. The question now is for politicians and investors: will they turn these trends into long-term supply resilience for Ukraine and a sustainable industrial base in the region?

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May 26, 2026