📋 Tender Overview
Minister of Defense Hanno Pevkur introduced the Government of the Republic to a new Estonian defense industry policy for 2024-2030. The aim of politics is to direct the development of the defense industry in the following years to strengthen Estonias defense capacity, to promote economic growth and to increase the international competitiveness of the sector.
Politics aims to increase the export volume of the sector by 1.4 billion and sales revenue to EUR 2 billion per year. It is also aimed at 2 percent of Estonias GDP to contribute and create new high-tech jobs.
The Minister of Defense emphasized that the worsening of the security situation in Europe, including Russias aggression in Ukraine, requires a stronger defense capacity.
The geographical position of Estonia, the smartness of our entrepreneurs and the ecosystem of our advanced innovation creates the prerequisites for developing world -class defense technology. The Estonian defense industry must be prepared to supply our own Defense Forces, support allies and export technology to the world market, Pevkur said.
According to Erkki Kelda, Minister of Economic Affairs and Industrial Affairs, the state has set its own strategic goal to develop and grow Estonias defense industry, which helps to ensure national security and to increase the economy.
To contribute to the growth of the defense sector and to support companies, we have created a very competitive value proposition, which has even more than thirty different measures, support and program growth in defense companies. It also helps to attract new investments in Estonia, Keldo listed the benefits of the defense sector.
The most important steps in the development of the defense industry are, for example, the construction of ammunition production capacity through the creation of a defense industry park, development of testing ecosystem, simplifying regulations and reducing bureaucracy, greater use of production localization, increasing corporate development subsidies, cooperation with the European Defense Fund and NATO Diana program. The continued support of Ukraine with the production of the Estonian defense industry is also important.
In addition, the Ministry of Defense will continue to cooperate closely with defense companies.
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Further information:
Riina Soobik
Media advisor
