Courtesy of Bumar

During the International Defense Industry Exhibition (MSPO) in Kielce this week, Poland's minister of national defense, Tomasz Siemoniak, announced that the Bumar Group, a leading supplier and exporter of armaments and military equipment, would receive zł.300 million for the research and development of new military weapons and equipment, reported Rzeczpospolita.

The majority of these funds, zł.135 million, will go to Bumar's ammunition division. A further zł.70 million will go to the Scientific-Industrial Centre of Professional Electronics Radwar for the development of new radar technologies, with close to zl.30 million going to Bumar Łabędy's land division. The remaining zł.15 million will be given to Łucznik, a Radom-based company, and part of the Bumar group, focusing on artillery.

Bumar is set to receive zł.90 million of the total zł.300 million this year.

Both Polish Foreign Minister Radosław Sikorski and his Romanian counterpart, Teodor Baconschi, participated in the event and signed a cooperation agreement to jointly develop defense technologies (anti-aircraft and anti-ballistic) between Poland's Bumar Group and Romania's UTI Defense and Industrial Technologies, according to a statement on Bumar's website.

Other members participating in the event included the director of the European Defense Agency, Claude-France Arnould, Ukraine's minister of national defense, Mykhaylo Yezhel, Italy's secretary of state for defense, Guido Crosetto, Namibia's ministry of defense's chief of staff, Abraham Iilonga, and the head of Poland's National Security Bureau.