CZECHOSLOVAK GROUP a.s.

Czechoslovak Group (CSG) is a Prague-headquartered industrial-technological holding company with deep roots in the Czech and Slovak industrial tradition. Its core mission is to develop and deliver defense and industrial technologies that contribute to a safer and more stable future, aiming to be a critical long-term supplier of advanced defense and industrial solutions to NATO states and government partners worldwide.

CSG operates across five main divisions: Defence, Ammo+, Mobility, Aerospace, and Business Projects. The company's diverse portfolio includes land systems such as military and armored vehicles, medium and large-caliber ammunition, and is recognized as the largest global producer of small-caliber ammunition. In the aerospace sector, CSG develops radars, air traffic control systems, and unmanned aerial systems technologies. Its mobility segment features heavy-duty off-road trucks through Tatra Trucks and railway braking systems via DAKO-CZ.

In January 2026, CSG successfully completed its Initial Public Offering (IPO) on Euronext Amsterdam, raising €3.8 billion and achieving a market capitalization of €25 billion, marking it as the largest defense IPO on record. Led by owner and CEO Michal Strnad, the company has pursued aggressive expansion, notably acquiring The Kinetic Group (Vista Outdoor's ammunition division) for $2.225 billion in 2024, solidifying its position as the largest Western small-caliber ammunition producer. CSG reported revenues of €4.0 billion in 2024 and €6.7 billion in 2025, positioning itself as one of the fastest-growing defense companies globally.