Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Poland signs $1.6 billion deal with PGZ-Narew for 46 radars
    Finance

    Poland signs $1.6 billion deal with PGZ-Narew for 46 radars

    Published by Global Banking & Finance Review®

    Posted on September 2, 2025

    1 min read

    Last updated: January 22, 2026

    Poland signs $1.6 billion deal with PGZ-Narew for 46 radars - Finance news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:GDPinvestmentsecurityinternational organizations

    Quick Summary

    Poland has signed a $1.6 billion contract with PGZ-Narew for 46 radars to boost defense capabilities amid rising threats.

    Poland Secures $1.6 Billion Radar Deal with PGZ-Narew Consortium

    KIELCE, Poland (Reuters) -Poland has signed a contract worth 5.8 billion zlotys ($1.6 billion) with the PGZ-Narew consortium for 46 passive-location radars for short-range anti-aircraft and anti-missile systems, the Polish defence minister said on Tuesday.

    Poland has been spending big on defence due to what it says is a heightened threat from Russia, and plans to spend 4.8% of gross domestic product (GDP) on defence in 2026.

    "The radar contract is an investment in Polish security, but also in our economy. These radars will enhance the security of our airspace. This is a priority for us," Polish Defence Minister Wladyslaw Kosiniak-Kamysz said.

    The radars will enable continuous surveillance of space and effective anti-aircraft and anti-missile defense, the defence ministry said.

    PGZ-Narew is a consortium of Polish defence companies led by the state-controlled Polish Armaments Group (PGZ), which is jointly implementing a programme to build the Polish short-range air and missile defense system Narew.

    The contract was signed at the International Defence Industry Exhibition in the central Polish city of Kielce.

    ($1 = 3.6405 zlotys)

    (Reporting by Barbara ErlingEditing by Peter Graff)

    Key Takeaways

    • •Poland signed a $1.6 billion contract with PGZ-Narew.
    • •The deal includes 46 passive-location radars.
    • •Poland aims to spend 4.8% of GDP on defense by 2026.
    • •The contract was signed at the Kielce defense exhibition.
    • •The radars will enhance Polish airspace security.

    Frequently Asked Questions about Poland signs $1.6 billion deal with PGZ-Narew for 46 radars

    1What is the value of the radar contract signed by Poland?

    Poland signed a contract worth 5.8 billion zlotys, equivalent to $1.6 billion, with the PGZ-Narew consortium for 46 radars.

    2Why is Poland increasing its defense spending?

    Poland has been increasing its defense spending due to what it describes as a heightened threat from Russia, planning to allocate 4.8% of its GDP on defense by 2026.

    3What will the new radars enhance?

    The new radars will enhance the security of Poland's airspace by enabling continuous surveillance and effective anti-aircraft and anti-missile defense.

    4Who leads the PGZ-Narew consortium?

    The PGZ-Narew consortium is led by the state-controlled Polish Armaments Group (PGZ), which is involved in implementing a program for short-range air and missile defense.

    5Where was the radar contract signed?

    The contract was signed at the International Defence Industry Exhibition held in Kielce, Poland.

    More from Finance

    Explore more articles in the Finance category

    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Analysis-Bitcoin loses Trump-era gains as crypto market volatility signals uncertainty
    Image for NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    NatWest closes in on $3.4 billion takeover of wealth manager Evelyn, Sky News reports
    Image for Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Stellantis-backed ACC drops plans for Italian, German gigafactories, union says
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    Image for Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Russia launches massive attack on Ukraine's energy system, Zelenskiy says
    Image for Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Russia launched 400 drones, 40 missiles to hit Ukraine's energy sector, Zelenskiy says
    Image for The Kyiv family, with its pets and pigs, defying Russia and the cold
    The Kyiv family, with its pets and pigs, defying Russia and the cold
    Image for Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Two Polish airports reopen after NATO jets activated over Russian strikes on Ukraine
    Image for French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    French miner Eramet's finance chief steps aside temporarily, days after CEO ouster
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    View All Finance Posts
    Previous Finance PostJohn Lewis Partnership names industry veteran Tom Denyard as new Waitrose boss
    Next Finance PostLooming Fed rate cuts fuel gold price bonanza to records