US Ballistic signs to invest $25 million in 155 mm ammunition production at UM Sadu
US Ballistic, an American company, signed a contract on 15 September in Târgu Jiu with Uzina Mecanică Sadu, a state-owned plant, to produce NATO-standard 155 mm artillery ammunition there, interim Defence Minister Radu Miruță announced. The company is to invest $25 million over five years, including in warehouses, roads and utility networks that remain the property of UM Sadu, and to hire about 150 people in the first two years. According to the minister, UM Sadu will also receive about €20 million in rent over ten years.