Extremadura to establish defense industry hub
The regional government of Extremadura is advancing the creation of a Defense Sector Business Hub to expand business opportunities for local companies. Part of the Baluartia regional impulse plan, the initiative aims to integrate regional firms into defense, security, and reconstruction supply chains.
The hub will operate as a private, non-profit association comprising companies and knowledge centers. Its objectives include fostering business collaboration, strengthening industrial and technological capacities, and assisting companies in obtaining required industry certifications, identifying commercial opportunities, and accessing specialized training.
As part of the preparations, the regional Ministry of Economy, Employment, and Digital Transformation is conducting technical visits to local businesses to assess productive capacities. Among the companies visited is Rheinmetall, which anticipates a 30% increase in employment, investment, and activity by 2027.