"This does not bring tranquility but rather a moral belief that we will not be left empty-handed, of course, without the support of the United States," President Volodymyr Zelensky said.
In 2023, the Russian branch of Raiffeisen Bank earned over $1 billion in the first three quarters, which accounted for about 50% of the group's total profit. The bank also paid 277 million euros ($284 million) in taxes to Russia over the same period, Bloomberg reported.
The package includes 16 CB90 combat boats with weapons stations, a million rounds of 12.7 mm ammunition, 146 trucks, 1,500 TOW anti-tank missiles, as well as 200 AT4 anti-tank launchers.
"We have the capacities and capabilities to create, and we are working on creating, our own domestic air defense complex," Commander-in-Chief Oleksandr Syrsky said on Jan. 19.
Key developments on Jan. 16: * Ukraine, UK sign 100-year partnership agreement, pledges $3.6 billion in military support * Ukrainian drones strike oil depot, gunpowder factory in Russia * Ukrainian paratroopers capture 27 Russian soldiers in Kursk Oblast * Ukraine extends cooperation with Norwegian NASAMS systems supplier * Ukrainian military releases footage of rare
The Ukrainian government in recent months has been aggressively touting fresh developments in its missile-making. President Volodymyr Zelensky announced that the country had built 100 of its own missiles in 2024 as of November. He called for 3,000 “cruise missiles or missile-drones” to be manufactured in 2025. Traditional missiles
"The U.K. has already invested in the production of our weapons, and this collaboration continues — specifically, funding will be directed toward the production of air defense systems and long-range weapons," Defense Minister Rustem Umerov said.
Denmark has reserved 135 million euros ($139 million) for further purchases under the "Danish model," buying arms for Ukraine directly from Ukrainian arms manufacturers. Norway is expected to contribute another 43 million euros ($44 million) to this initiative.
The domestic drone industry "reached unprecedented production volumes" in 2024, Defense Minister Rustem Umerov said on Dec. 28.
The U.S. Defense Department has provided $253.7 million to Williams International (Williams) through the Defense Production Act (DPA).
The Trembita is significantly cheaper than Western or Russian cruise missiles, and operates like the V1 flying bombs used by Germany during World War II.
Ukraine has turbo-charged its long-distance unmanned aerial vehicles (UAVs), making “rocket-drones” to compete with cruise missiles or save the trouble of asking for more Western-made ranged weapons. President Volodymyr Zelensky’s administration has been showing off the latest results, with videos of the Peklo and Palianytsia missile-drones, which Ukrainian soldiers
The Ukrainian military has proven to be a pioneer in drone technology, using innovative ways to undermine Russia's material and numerical advantage.
Large-scale production of Russia's nuclear-capable Oreshnik missile is a goal for "the near future," Putin alleged at a defense ministry board meeting on Dec. 16.
"Everybody in NATO and in the EU right now has the feeling in their backbone that you should increase defense expenditure because of what is happening all over the world and with Russia," Estonia's Prime Minister Kristen Michal told Reuters.
Successful tests of a new Ukrainian missile, dubbed Ruta (Rue), are underway, President Volodymyr Zelensky announced on Dec. 10.
The new generation of DeepStrike drones can "operate autonomously over long distances, hitting targets with high accuracy," according to Defense Minister Rustem Umerov.
Out of 54,000 120 mm mortar shells suspected of having defects, about 24,000 are to be withdrawn, Strategic Industries Minister Herman Smetanin said on Nov. 28.
Key developments on Nov. 12: * Ukrainian drone strikes oil depot in Russia's Belgorod Oblast, local official claims * Russia deploys assault groups to Zaporizhzhia Oblast, military says * Ukraine's 2025 budget includes $1.3 billion for weapons production, minister says * Ukrainian volunteers in Poland sign contracts with Armed Forces * British PM Starmer
Some Hr 54.55 billion ($1.3 billion) will be directly allocated for the development and implementation of new technologies, and the expansion of defense production capacity, according to Strategic Industries Minister Herman Smetanin.
The military plant of the German concern Rheinmetall, which opened in late October in Ukraine, is a "legitimate" target for Russian attacks, Kremlin spokesperson Dmitry Peskov said on Oct. 29.
"We need to understand here that this can only be done in such a way that if we buy, then Ukraine gets more money. And they will be able to produce more for their army," Estonian Defense Minister Hanno Pevkur said.
The U.K. pledged to provide additional long-range weapons, artillery systems, and robotic systems, while French President Emmanuel Macron discussed the possibility of opening a training center for drone operators in France, according to the announcement.
The U.S.-based AeroVironment signed an agreement with a Ukrainian company to localize its production of Switchblade 600 loitering munitions, marking the latest of several recent agreements between Ukrainian and foreign companies to produce weaponry in Ukraine.
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.
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 is building weapons underground to supply the military with arms in the event of delays in military aid from abroad, President Volodymyr Zelensky said at the Ambrosetti International Economic Forum in Italy on Sept. 7.
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.
Speaking at a press conference at the end of August, President Volodymyr Zelensky made a cryptic announcement: Ukraine had carried out a successful test of its first domestic-made ballistic missile. "It may be too early to talk about it but I want to share it with you," President Volodymyr Zelensky
(Updated: )
