- 24 Apr 2023 6:43 AM
- Hungary Matters
Maximising air defence systems is of “priority importance” for any country’s defence capabilities, the defence ministry quoted Szalay-Bobrovniczky as saying in a statement.
The NASAMS system is expected to be inaugurated in Hungary in August, the ministry said. Hungary signed the contract on the NASAMS system in November 2020.
In March 2021, the country signed a financing agreement with Export Credit Norway (ECN) and the Norwegian Export Credit Guarantee Agency (GIEK) that will cover 85 percent of the 410 million euros cost of the NASAMS.
The NASAMS, used widely among NATO members, will replace Hungary’s more than 40-year-old Soviet missile system.