Collaboration between Greek and Cypriot Companies in the Defense Industry
July 23, 2026
The Greek company METLEN and the Cypriot company HOUTRIS are collaborating to produce military vehicles in Cyprus by establishing a joint company. This agreement aims to develop defense systems and strengthen the Cypriot defense industry. The Chief Executive Director of M Technologies noted the importance of establishing strong industrial capabilities in Europe for security. The two companies will also explore opportunities in the support and maintenance of defense systems. This initiative will contribute to technological advancement and the development of the Republic of Cyprus in the defense sector.