Polish Arms Maker Set for Record Sales on Defense Spending Spree
PGZ is positioned to be the lead recipient of the EU’s SAFE defense loan program.
Photographer: Damian Lemański/BloombergPoland’s biggest defense group is targeting another record year as the European Union’s largest land force ramps up spending to counter threats from Russia and tap into new EU funding.
PGZ SA revenue soared by around 50% in 2025 from 13.9 billion zloty ($3.86 billion) the previous year and growth in 2026 is expected to be just as good, according to Deputy Chief Executive Officer Arkadiusz Bak.