Last year proved to be very productive for the defense industry. According to the Estonian Defence and Aerospace Industry Association, the turnover of Estonian defense industry companies grew by over 30% last year, reaching half a billion euros, of which exports accounted for approximately 350 million. In 2023 the sector’s turnover was 290 million, of which exports accounted for 162 million euros.
Association’s CEO Kalev Koidumäe described the past year as significant for the defense industry for several reasons at the association’s general meeting. Firstly, foreign companies’ interest in technologies developed by Estonian companies has grown, and secondly, this industry sector was included in the coalition agreement for the first time as a sector that needs to be developed together with the state to ensure Estonia’s defense capability.
Last year proved to be very productive for the defense industry
27.06.2025