Czechoslovak Group

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The Czechoslovak Group (CSG), formerly Excalibur Group, is a Czech industrial-technological holding company encompassing over 100 companies with over 14,000 employees worldwide. Headquartered in Prague, CSG operates in several sectors including defense, aerospace, ammunition, automotive, and railway industries. Since January 2018, the owner of the Czechoslovak Group is Michal Strnad, the son of the founder, Jaroslav Strnad. In 2025, Michal Strnad stated that his aim is to grow the Czechoslovak Group into the second largest European defense manufacturer. While bulk of the CSG's operations is based in the Czech Republic and Slovakia, CSG also operates factories in Germany, Greece, India, Italy, Serbia, Spain, the United Kingdom and the United States. In 2024, the company became one of the world's largest manufacturers of small arms ammunition through acquisition of The Kinetic Group. In 2024, 78% of CSG's revenue originated from defense-related manufacturing, with small arms ammo manufacturing contributing further 11.3%. CSG exported its products to over 70 countries, with 50% of the CSG's revenue realized in NATO states and 42% in Ukraine (23% of CSG's revenue in 2023, 41% in 2022).