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This article needs to be updated. The reason given is: still bleeding money four years later? same key people despite decade of losses?. Please help update this article to reflect recent events or newly available information. Last update: August 2019 (November 2023)

Hellenic Defence Systems

Native name	Greek: Ελληνικά Αμυντικά Συστήματα
Romanized name	Ellinika Amyntika Systimata
Company type	State-owned enterprise
Industry	Defence
Predecessor	EBO Pyrkal
Founded	2004; 20 years ago (2004)
Headquarters	Hymettus, Athens, Attica , Greece
Area served	worldwide
Key people	Athanasios Tsiolkas (Chairman) Νikolaos Κostopoulos (CEO)
Products	Munitions, Small arms, Artillery, Explosive
Revenue	15.250.162€ (2022)
Operating income	4.434.613€ (2022)
Net income	-25.628.739€ (2022)
Total assets	268.355.778€ (2022)
Owner	Hellenic Republic
Number of employees	331 (2023)
Website	www.eas.gr

Hellenic Defense Systems (Greek: Ελληνικά Αμυντικά Συστήματα, Ellinika Amyntika Systimata, abbreviated EAS) is the company formed by the merger in 2004 of the Greek defence companies Hellenic Arms Industry and Pyrkal. When created, it was a major manufacturer with thousands of employees, with a product range that included most land weapons in use today, as well as an established exporter to many countries in the world.

As of 2018^[update], EAS registered a loss, despite the Greek government paying €19.5 million (equivalent to €23.2 million in 2023) of the company's bills and debts, attributed to the ongoing economic crisis that affected Greece from 2008 to 2018.^[1]

Products

• E56 120 mm Mortar
• FN Minimi
• HK G3
• HK USP
• HK MP5
• HK 11A1
• MG 3 machine gun

References

Official financial statements (2022)

External links

• Official website
• L.S. Skartsis, "Greek Vehicle & Machine Manufacturers 1800 to present: A Pictorial History", Marathon (2012) ISBN 978-960-93-4452-4 (eBook)

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