Hungary, a Nato member, has agreed to procure the NASAMS air defence system as part of the government’s efforts to modernise military infrastructure in the country.
According to a Reuters report, the Central European nation is expected to take the delivery of this air defence system, developed jointly by Kongsberg and Raytheon, in 2023.
The step comes after Hungary signed a letter of intent (LoI) in August to acquire the NASAMS system in a $1bn deal.
Government commissioner Gaspar Maroth was quoted by the news agency as saying in a statement: “By selecting the NASAMS systems, which also protect the US capital and are in widespread use in Nato, we have opted for a solution providing the best fit with alliance requirements.”
NASAMS is a network-centric short to medium-range ground-based air defence system. It is equipped with beyond visual range (BVR) feature and helps in increasing the defended area and boosting the combat capability of the armed forces.
Currently, 11 countries, including airforce and army customers, use the NASAMS system. The system is also upgraded regularly to counter current and future threats.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataIn Hungary, NASAMS is expected to replace older Soviet technology.
As a Nato member, Hungary is required to spend 2% of its GDP in defence expenditure. It is yet to achieve the target, though the Hungarian Government is working to increase military spending.
Hungary recently signed deals to acquire Airbus H225M military helicopters and Lynx Infantry Fighting Vehicles.