12:40 PM EDT, 07/21/2026 (MT Newswires) -- CSG (CSG.AS) said Tuesday it will establish serial production capabilities for jet engines designed for drones, unmanned systems, and other applications in the city of Stevens Point in Wisconsin, US. The project will be implemented in phases, with the first focused on assembly, integration and testing for US customers, set to begin within months. Subsequent phases will include expansion into full-scale serial production, engineering and further product development, set for 2027. An initial investment of up to $15 million will be involved. Firecrest Aerospace, a new joint venture between the defense company's CSE USA and AviaNera Technologies businesses, will carry out production.

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