The European armoured vehicles market is now estimated to lead the world over the next ten years, and will likely account for around one third of the global requirement. Among those nations investing more readily into these platforms is Hungary, which recently announced it will increase total defence spending to 2 per cent of GDP as early as 2024.
In response to this uptick in funding and development, September will see Defence IQ’s Armoured Vehicles Eastern Europe conference take place in Budapest in collaboration with the Defence Industry Association of Hungary (MVSZ).
Ahead of the event, we spoke with Attila Zsitnyányi, president of the MVSZ, to discuss the exciting progress being made in his home nation...
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