Defense industry – expected revenues growth of over 60%

Vlkanová, Slovakia, October 7, 2025

“The highest award for long-term productivity growth is extremely valuable to us. It is precisely this strategy, based on making everything we do more efficient every day, that has been the foundation for the company’s long-term and stable development for 30 years. EBITDA growth is also a result of increased productivity,” says Artur Gevorkyan.

New generation ammunition

In September 2025, in cooperation with a leading global ammunition manufacturer, a development project for key components for medium calibers (cannons for cars, aircraft, etc.) was successfully completed.

In early October, the company was awarded another major European project for the production of components for modern ammunition.

The expected contribution to revenues growth from new defense projects exceeds 60% of current revenues and is a significant milestone in the company's further development.

New opportunities in the Kingdom of Saudi Arabia

The first official meeting regarding the presence of GEVORKYAN, a.s. in the Kingdom of Saudi Arabia also took place. "As the company has been active in the oil industry for more than 20 years and has made significant progress in the arms industry over the last decade, both sides see serious potential for strategic cooperation," said Artur Gevorkyan.

TREND konference

• TREND podcast with Veronika Vaňková on the topic of arms industry and European manufacturing can be found here in slovak language.

  
  

  

CEO Forum Czech Republic-Slovakia

• panel discussion on the topic of the management triangle with representatives from MSM GROUP, Henkel, and GEVORKYAN

  
  

  

Contact: marketing@gevorkyan.sk