Foreign funding in Ukraine's defense industry is showing a noticeable impact on the domestic production of weaponry and equipment, President Volodymyr Zelensky said in his evening address on July 25.
"The intention is to start the ammunition production in Ukraine within 24 months," Rheinmetall said in a statement.
The parties may cooperate in training, logistics, and overhaul of tactical unmanned aircraft systems used by the Ukrainian Armed Forces, including the long-range drone ScanEagle by Insitu, a subsidiary of Boeing, according to the memorandum.
The U.K. and Ukraine signed an agreement that provides credit support for the development of Ukraine's defense industry, Ukraine's Presidential Office announced on July 19.
"I'm not going to preempt what may happen in the elections later this year, other than to say that industrial strategy is a very important component of the package that we need to put together," Keir Starmer said.
Ukraine's partners must continue to deliver support and scale up their own military capabilities, as compassion "will not protect Ukraine," Danish Prime Minister Mette Frederiksen said at the European Political Community Summit on July 18, attended by a Kyiv Independent reporter.
The Bureau of Economic Security (BEB) is preventing the work of a body armor manufacturer due to suspicions of tax evasion, Forbes Ukraine reported on July 16.
President Volodymyr Zelensky did not specify how many units Ukraine produces per month. But he described this figure as "powerful."
Foreign partners have so far pledged to invest around $675 million in the Ukrainian defense industry to arm Kyiv's forces, Ukrainska Pravda reported on July 11, citing data from the Strategic Industries Ministry.
The first donation of 18 Ukrainian-made Bohdana artillery pieces financed by Denmark will be delivered within the coming months, Defense Minister Troels Lund Poulsen said on July 10.
Ukraine's state-owned defense company Ukrainian Defense Industry, also known as Ukroboronprom, has opened a representative office in Washington as Kyiv seeks to strengthen defense partnerships abroad amid Russia's war.
A Russian aerospace firm, First Airship, has developed a ballon prototype and started testing it, according to The Telegraph.
Ukraine carried out a drone attack on July 1, "seriously" damaging the Russian military-industrial complex, the Oskol Electrometallurgical Plant (OEMK).
After a long journey fraught with a global pandemic and all-out invasion, Canada and Ukraine successfully revamped a free trade agreement that comes into play on July 1, expanding the relationship between Canadian and Ukrainian businesses. The Canada Ukraine Free Trade Agreement (CUFTA) was initially introduced in August 2017, abolishing
The German arms manufacturer Rheinmetall received a framework contract from the Bundeswehr for 155 mm artillery ammunition worth up to 8.5 billion euros ($9.1 billion), the company said on June 20.
The war in Ukraine and Russia's ongoing threats of escalation against the West mean many countries are upping defense spending.
Northrop's agreement is the first known deal of its kind between a U.S. defense company and a Ukrainian government for producing arms in Ukraine.
Denmark on June 18 announced its 19th assistance package for Ukraine, including financial aid for Ukraine's defense industry, equipment for F-16 fighter jets, and donations from Danish military stocks.
"This is good for Europe and good for America, especially since much of this extra money is spent here in the United States," Secretary General Jens Stoltenberg said on June 17.
The European Union has accelerated its production of projectiles and will match Russia's production capacity in 2025, EU Internal Market Commissioner Thierry Breton said in an interview with French news outlet La Tribune on June 14.
Just a month after the U.S. Congress approved the much-awaited aid package for Ukraine, U.S. Secretary of State Antony Blinken visited Kyiv with a clear message: Washington supports the embattled country despite political bickering and the ongoing election campaign. Blinken also announced a special military-industrial complex development and
"At the conference, it was announced that together with the German arms company Rheinmetall, we will start production of the Lynx vehicles in Ukraine. The first such machine will be produced in Ukraine by the end of the year," Strategic Industries Minister Alexander Kamyshin told Ukrinform in Berlin.
The facility will enable faster repair of foreign-supplied equipment and their subsequent return to the front line. In the future, the plant will also produce new types of armored vehicles, according to the minister.
"This is a new stage of cooperation that will allow us to receive modern arms directly from producers, which will certainly contribute to faster and more efficient modernization of Ukraine's Armed Forces," Deputy Defense Minister Dmytro Klimenkov said during the Balkan-Ukrainian Defense Industries Forum in Bulgaria on June 7.
Berlin intends to order 200,000 more artillery shells from Rheinmetall, a German arms manufacturer, than originally planned, Reuters reported on June 4, citing an official letter it had obtained.
A surge of domestic drone companies in Ukraine has outpaced what the government budget can support, leading many companies to increasingly seek international partnerships or face consolidation. Drones have become a transformative part of Ukraine’s military strategy. The country’s ability to mass produce these cheap and effective weapons
China sanctioned 12 American military companies and 10 defense executives on May 22 in response to U.S. arms sales to Taiwan and sanctions against Chinese firms the U.S. has accused of aiding Russia in its war against Ukraine.
The next Ramstein-format summit of the Ukraine Defense Contact Group (UDCG) will occur on May 20.
A Russian Su-30 fighter jet producer bought back its own equipment previously sold to foreign partners worth over $400 million in 2022 and 2023, the Russian independent outlet Moscow Times reported on May 7, citing customs data.
Russia is already producing more arms and military equipment than it needs for its war against Ukraine, and is filling its weapons warehouses, German Defense Minister Boris Pistorius said, as reported by the German television channel n-tv on April 25.
Denmark has become the first country to buy weapons and equipment for Ukraine's Armed Forces from a domestic manufacturer as part of a military aid package, Strategic Industries Minister Oleksandr Kamyshin announced on April 18.
The increasing number of Bohdanas being produced by Ukraine is part of a wider effort to ramp up domestic weapons production amid rising uncertainty surrounding military aid from the U.S.
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