No, I think it was mentioned in the lore page that Piltover intentionally refrains from investing in warfare and military grade weaponry. Rather they're purely driven by progress, though they've also demonstrated a callous disregard for the means to achieve those ends, as well as major hubris. But that's a tangent.
However, despite Piltover's goody goody futurology shtick, I honestly believe Zaun is more technologically advanced, and I think it makes more sense that way. Since Zaun has very few ethical boundaries, they can research and manufacture more brutal, efficient technologies that Pilties wouldn't even dream of pursuing. Zaun has also demonstrated a willingness to invest in weaponry, whether it be chemical like Singed, or mechanical like Viktor. Hell, a Zaunite even invented a goddamn time machine.
If Piltover gets invaded by Noxus, I can tell you with absolute certainty that Piltover will lose, and it will not be close. Zaun will definitely play a major role in tipping the scales, though it depends on which side they end up supporting. We might even see a rift in Zaunite allegiances, since they supported Noxus in its invasion against Ionia, but they're also physically and technologically a part of Piltover. We'll find out once they update Zaun lore!