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Defense Industry: News

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The price of doing business in Russia

When Moscow launched its full-scale invasion of Ukraine, most global businesses rushed for the exit. Swiss food and drink firm Nestlé was not among them. The company hunkered down, a decision it framed as ensuring local people's "right to food." It made little difference to the Kremlin. On Sept. 17, the Russian government placed Nestlé Russia under temporary external administration, a move that could lead to the company's ultimate confiscation or nationalization. Nestlé now says it is "assess

About Defense Industry

Ukraine's defense industry produces weapons systems, ammunition, and military equipment for Ukrainian forces and potential export markets. Domestic production expanded significantly since Russia's full-scale invasion began in February 2022, with especially drone production.

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