Serbia and Israel plan to establish a joint venture to produce drones, Serbian President Aleksandar Vucic said Tuesday, outlining a project aimed at manufacturing tens of thousands of unmanned aerial vehicles within two years. Under the agreement, Israel will provide advanced know-how and technology, while Serbia will contribute production and development infrastructure, Vucic said. The project will be structured as a 50-50 partnership between the two countries. “We cannot produce drones as Israel can, but I am proud that we will do it together — 50% to 50%,” Vucic told reporters. “This guarantees that we will have the best drones in the region.”

Full report : Serbia’s president says new 50-50 defense venture with Israel will combine Israeli technology and Serbian manufacturing, targeting up to 80,000 drones including loitering munitions within two years.