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About: Defense industry of Serbia     Goto   Sponge   NotDistinct   Permalink

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The defense industry of Serbia is the largest in the Western Balkans. For the 2018 calendar year, Serbia's export of weapons and military equipment was valued at $897 million (€796 million). It consists of around 200 companies, both public and private, working in many different fields.Serbian defense companies closely cooperate with the Military Technical Institute, country's top-level military scientific research institution, in developing new weapons, as well as with Serbian Armed Forces' Technical Testing Center, using its services for testing of new defense products. Universities and colleges in Serbia also participate through various contracts with the companies.