Greek defense industry stuck in turbulence
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
The greek defense industry is experiencing turbulence, but efforts are being made to target industrial growth through licensing reform as part of a new development bill. Some companies, such as intracom defense and hellenic aerospace, appear to be making progress, with intracom defense producing parts for patriot missiles and hellenic aerospace returning to profitability. Other developments, including partnerships for submarine and frigate projects, are also underway, although the broader impact on the industry is unclear.