Ukraine became the largest arms importer in the world in 2023. This is stated in a report published by the Stockholm International Peace Research Institute (SIPRI) on Monday. For the period from 2019 to 2023, Ukraine became the fourth in the world in terms of the number of imported weapons. At least 30 states supplied … Read more
According to Prime Minister Denys Shmyhal, “We are cooperating very fruitfully with the leaders of the world’s arms production. We can already talk about five signed contracts and five joint ventures in Ukraine cooperating with Western arms manufacturers. There will be dozens of enterprises this year.” As the Prime Minister clarified, Ukraine creates some enterprises … Read more
The Ukrainian team, together with American partners, have announced the launch of MITS, Military Innovation Technology Solutions. According to the press release, the program is intended to help Ukrainian defense technology startups find partners, scale up, and offer the best defense technology products to the Armed Forces of Ukraine. An investment of $200,000: $100,000 in … Read more
The largest European arms manufacturer Rheinmetall plans to open an ammunition production plant in Ukraine, the company’s press service reports. “Six-digit number of 155mm caliber bullets to be produced per year, including propelling charges. Rheinmetall with a 51% stake in the JV, 49% held by a Ukrainian partner company,” the company reported on the X … Read more
The defense sector in Ukraine tripled over the past year, and in 2024 the industry is expected to swell six times, Deputy Minister for Strategic Industries Hanna Hvozdiar said at the Global Outlook: A Winning Vision conference organized by the European Business Association (EBA) on Wednesday. “The enemy, of course, surpasses us in numbers and … Read more
The Turkish defense company Baykar, perhaps best known for its Bayraktar drone that was widely used by Ukrainian forces to destroy Russian military equipment at the beginning of the full-scale invasion in 2022, has begun constructing a factory near Kyiv, its CEO told Reuters on Feb. 6. Baykar received licenses to manufacture combat drones in … Read more
The Supervisory Board of JSC Ukrainian Defense Industry (former Ukroboronprom) at its second meeting decided to create business entities instead of the next 10 state-owned defense enterprises as part of the reform of the domestic defense-industrial complex. As reported on the company’s website on Monday, after state registration, eight enterprises will become limited liability companies, … Read more
Ukraine has received a package of technical data from the United States to start local production of some FrankenSAM projects, Soviet anti-aircraft missile systems that are to be modernized and adapted to Western missiles. The White House noted that Franken systems will be produced in parallel in both Ukraine and the United States. This will … Read more
Ukraine and the United States have signed a memorandum of understanding on the joint production of military equipment and the exchange of technical data at the Defense Industrial Base Conference in Washington, DC, Ukrainian Defense Minister Rustem Umerov announced on Facebook on Dec. 7. The cooperation will focus on air defense systems, repair and sustainment, and the production of … Read more
German arms manufacturer Rheinmetall AG wants to build its first armored vehicles in Ukraine next year, concern’s chief executive officer Armin Papperger said, Reuters reports. Papperger said he expected a deal with Ukraine on the construction of Fuchs armored transport vehicles – named after the German word for fox – and Lynx infantry fighting vehicles … Read more