CONTENT PREVIEW
Industry

Estonia widens market for defence contracts

12 September 2017

Estonia is drafting a new bill that will allow commercial firms to deal with military weapons, munitions, and defence materiel. This will include transport, storage, repair, upgrade, and manufacture of the equipment.

The move is expected to create 150 jobs, and EUR60 million (USD72 million) in annual business.

Estonian Defence Minister Jüri Luik said on 5 September that the amendment will offer the Estonian Defence Forces, and the volunteer Estonian Defence League, the opportunity initially to order maintenance and repair of weapons from commercial companies.

Luik said the bill aims to make the process of ensuring national defence more efficient, while simultaneously supporting the development of new businesses.

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