Ukrainian Armor, a private defense enterprise, signed two deals on Oct. 2 with the Czech holding Czechoslovak Group (CSG) to cooperate on the production of 155mm shells, Ukrainian media outlet Militarnyi reported.
More than 90,000 vacancies for defense industry jobs appeared on Russian job portals between Aug. 15 and Sept. 15, with companies offering triple the average regional salary for workers with high-demand specialties.
"In the first half of this year alone, Ukraine produced 25 times more artillery and mortar ammunition than in the entire year of 2022," Zelensky said at the second international defense industry forum in Kyiv.
French-German defense company KNDS has opened an office in Kyiv to support Ukraine carry out the domestic maintenance and repair of weapons systems, the company announced on Oct. 1.
You probably haven't heard that the International Monetary Fund (IMF) is preparing to send a mission to Russia. That’s because top IMF officials have been trying to draw as little public attention to their plans as possible – which ought to tell you something. Fund officials themselves know that this
Ukraine already produces its own 155 mm artillery ammunition, said Oleksandr Kamyshin, newly appointed advisor to the President of Ukraine on strategic issues.
The Kyiv Independent’s Natalia Yermak interviews Ukrainian-Canadian lawyer and business advisor, Daniel Bilak, about the potential for investment in Ukraine and its defense sector.
Ukraine’s low-budget tech wizardry has stunned Western audiences since the war’s outset. Soldiers operating out of front-line garages have modified donated artillery, rehabbed captured weapons, amped up off-the-shelf drones, and coded software to streamline it all. Given all the attention, a number of enterprising Ukrainians have turned their
Lithuania will allocate 10 million euros ($11 million) to buy new Ukrainian-made Palianytsia missile-drones for Kyiv, former Strategic Industries Minister Alexander Kamyshin said on Sept. 6.
The Scranton plant has upped its output of 155 mm shells from 24,000 rounds per month to 36,000, with the modernization elements likely to contribute to a further increase, factory officials said.
The funds are going towards drones, robotics, and electronic warfare systems, all of which are "already yielding tangible results on the battlefield," Defense Minister Rustem Umerov said.
It costs less than $1 million to produce each new Palianytsia, Fedorov told the Associated Press. The military aims to further decrease costs by collaborating with private companies.
A day earlier, Defense Minister Rustem Umerov said that Ukraine is preparing a response to Russian aerial strikes with weapons of its own production.
Lithuania on Aug. 19 began construction of a military base that will house up to 4,000 combat-ready German troops, with completion expected by the end of 2027. This marks the first permanent foreign deployment for the German military since World War II.
Ukroboronprom was ranked 65th last year, moving up by 16 positions in 2024.
Russia’s arms industry and its export capabilities have long been, as Russian President Vladimir Putin put it, a point of national pride. Even after launching its full-scale invasion of Ukraine in February 2022, Russia claims to be able to meet growing domestic demand and continue arms exports. State-sponsored propaganda
According to Strategic Industries Minister Oleksandr Kamyshin, Ukraine's defense industry has a capacity worth around $20 billion, but the state can muster only up to $10 billion to purchase weapons and equipment.
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.
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