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[BUSINESS] · Slovakia, Germany, Switzerland · 2 sources

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GEVORKYAN Group reports double-digit growth in aerospace and defense

The Slovak company GEVORKYAN, a. s. has reported double-digit growth in both revenue and profits without increasing its debt. This growth is driven by a significant expansion into the aerospace and defense sectors, following a multi-year investment cycle that enhanced the company's technological and production infrastructure.

The company has commenced mass deliveries of engine components and precision gearboxes for small aircraft and drones to meet rising global demand. GEVORKYAN has also begun serial deliveries for the Rheinmetall Group. Following its AS9100 certification for the aerospace, defense, and space industries, the company has been included in the OASIS system managed by the International Aerospace Quality Group (IAQG).

In addition to defense, the group maintains a strong presence in the agrotechnology market through long-term partnerships with major brands such as John Deere, Deutz-Fahr, and Lombardini. The company is recognized as a leading European specialist in powder metallurgy.

Entities

DEUTZ-FAHR · GEVORKYAN, a. s. · International Aerospace Quality Group · John Deere · Rheinmetall AG