The Niewiadów-PGM S.A. Group has signed a licensing agreement with ST Engineering Advanced Material Engineering Pte. Ltd. (AME) of Singapore regarding the transfer of expertise in the production of 40 mm ammunition. Under this agreement, the Group’s subsidiary (ZSP Niewiadów Sp. z o.o.) has obtained exclusive rights to use the technical data package and know-how necessary to launch domestic production of this class of ammunition, intended for both the Polish Armed Forces and customers in 20 European Union countries.
This partnership marks another important step in the construction of a modern medium-caliber ammunition production facility in Niewiadów.
A market worth over $2 billion
It is estimated that European NATO member states possess approximately 42,000 40-mm grenade launchers, with total ammunition stocks amounting to about 42 million rounds. The value of the European 40-mm ammunition market is estimated at approximately $2.3 billion. Training needs alone, however, generate an annual demand worth nearly $200 million.
The rapid growth in defense spending, ongoing technical modernization, and European Union efforts to reduce dependence on non-European suppliers mean that domestic production of this type of ammunition is currently one of the most promising segments of the defense industry.
World-class technology
ST Engineering Advanced Material Engineering Pte. Ltd. is headquartered in Singapore and specializes in the supply of advanced weapon systems and ammunition. The company has over 55 years of experience in military technology, including the development and production of small arms, mortars, and medium- and large-caliber ammunition. AME’s solutions are used by armed forces in over 46 countries worldwide, making it one of the key suppliers of defense technologies with proven operational effectiveness.
A major boost for the Polish defense industry
“The licensing agreement with AME marks another significant step in the implementation of our plan to build a strong, integrated defense industry group in Poland. The know-how we have acquired in the field of 40 mm ammunition significantly strengthens the technological capabilities of the Niewiadów-PGM Group and supports the further expansion of production capacity in Niewiadów. Our ambition is to strengthen our position in the rapidly growing 40 mm ammunition segment, based on the highest quality standards, modern technologies, and cooperation with globally experienced partners. “We believe that this project will contribute to strengthening Poland’s domestic ammunition production capabilities and enhancing the country’s security,” said Grzegorz Niedzielski, President of the Management Board of Grupa Niewiadów-PGM S.A.
The agreement with AME marks another step toward building an integrated defense industry group in Poland. The Niewiadów-PGM Group is involved in projects related to 155 mm ammunition, unmanned systems, and dual-use technologies, making it one of the most comprehensive and rapidly growing private defense companies in the country.
A publicly traded defense company
As of July 16, 2025, the Group has been operating under a new name— Grupa Niewiadów-PGM S.A. The merger of Polska Grupa Militarna S.A., listed on the NewConnect market,
, with Grupa Niewiadów S.A., a recognized manufacturer of specialized equipment and solutions for the military and civilian sectors, has created a new capital group with enhanced operational and technological capabilities.
The integrated organization is active across the defense sector. The Group also includes companies specializing in the development of unmanned systems (drones), dual-use products, military logistics, and advanced technologies for the armed forces. The Group holds a license from the Ministry of the Interior and Administration for the production and storage of ammunition and the trade in military products, and develops advanced solutions tailored to the requirements of the modern battlefield.
One of the Group’s key assets is ZSP Niewiadów — a company with over a century of experience in defense manufacturing and a long history of supplying the Polish Armed Forces. The Group is currently implementing a strategic project to build a modern 155 mm ammunition factory, responding to the growing defense needs of Poland and its allies. Ammunition of this caliber remains one of the most important elements of combat capability worldwide.
Leveraging its scale of operations, complementary expertise, and state-of-the-art technological infrastructure, the Niewiadów-PGM Group is building a strong defense industry group—one of the most comprehensive and fastest-growing private companies in Poland. Its products are sold on both the domestic and international markets.
About the Niewiadów-PGM S.A. Group
The Niewiadów-PGM S.A. Group (WSE: GNS) is a recognized manufacturer and supplier of precision equipment and products for the military and civilian sectors, headquartered in Warsaw. The company has significant production capacity, supported by modern technologies and extensive operational experience. Its portfolio includes, among other things, small- and medium-caliber ammunition and 155 mm ammunition, a key component of the Krab and K9 artillery systems. Production, integration, final assembly, testing, certification, and sales are carried out by specialized subsidiaries, including ZSP Niewiadów. The company’s shares are listed on the NewConnect market.