ENXTAM:CSGAerospace & Defense
CSG Fuze Venture In Europe Deepens Defence Role And Valuation Debate
CSG (ENXTAM:CSG) and Reunert have agreed to form a joint venture, Fuchs Electronics Europe, to produce electronic fuzes for large calibre ammunition in Slovakia.
The partnership expands CSG’s industrial presence and technology offering within the European defence sector.
The venture positions CSG among a limited group of electronic fuze manufacturers located inside the EU.
For you as an investor, this move adds another piece to CSG’s profile as a defence and industrial group with an...