4iG Enters the Small Arms Development Segment

4iG Space and Defense Technologies (4iG SDT) is continuing to expand its presence in the defense sector. The company acquired a 90 percent ownership stake in Gestamen Kutatás Fejlesztés Zrt. (Gestamen). With this transaction, 4iG SDT has entered the Hungarian market for the development of small arms and significantly expanded its weapons & ammunition business segment.

Gestamen is a Hungarian-owned company specialized in the design, development and manufacturing of small arms that support NATO operational requirements, covering the entire development process — from design, component and finished-product manufacturing and prototype construction through field testing.

Under the Gestamen Arms brand, the company has developed its own modular weapons family comprising seven product categories.

With the acquisition, 4iG S&D in addition to manufacturing activities has entered the small-arms development market and has further expanded its weapons & ammunition business line, thereby significantly expanding its defense-industry capabilities, reads the company’s announcement.

Gestamen provides the Budapest-based 4iG Group with engineering and development expertise that represents significant technological, industrial, and geopolitical value. This contributes to the expansion of the Hungarian defense industry’s autonomy and opening new opportunities for future developments and collaboration, they stated.

“By acquiring a majority stake in Gestamen, we are bringing exceptional Hungarian development and manufacturing expertise to the 4iG Group. Gestamen has created modular small arms systems based on its own intellectual property and tested in real military environments in seven different weapon categories to date.

Gestamen’s professional capabilities and portfolio may later open up technological and manufacturing opportunities in cooperation with Arzenál Fegyvergyár or other domestic and international partners,

further strengthening the independence of the domestic defense industry and creating new prospects for the international presence of Hungarian small arms technologies under the auspices of NATO,” said István Sárhegyi, CEO of 4iG SDT.

Via bet.hu, Featured image: Facebook/MH Klapka György 1. Páncélosdandár

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