5 Minute News

Proposal for Upgrading Military Vehicles in Cyprus

March 1, 2026

The Republic of Cyprus is facing challenges with its fleet of battle tanks and armored personnel carriers. The Greek company EODH has expressed interest in upgrading these assets by establishing a subsidiary in Cyprus. The proposal includes the participation of the Cypriot government in the share capital of EODH Dynamics, enhancing the country's defense autonomy. The Cypriot government appears to support this proposal, which may lead to the establishment of a manufacturing unit in Cyprus. If negotiations progress, training for personnel will take place in Greece beforehand.