Skip to content
Edit post

Ukraine to directly sign contracts with global arms producers

by Kateryna Denisova June 10, 2024 4:00 PM 1 min read
Deputy Ukraine's Defense Minister Dmytro Klimenkov. (Dmytro Klimenkov/Facebook)
This audio is created with AI assistance

Ukraine's Defense Ministry will directly conclude contracts with global arms manufacturers, giving it access to new models of weapons, the ministry announced on June 10.

The news came as Kyiv aims to localize weapons production in 2024. Such deals could reportedly provide Ukraine with new arms that meet international standards.

"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.

Ukraine aims to establish joint defense production with a number of countries, including the U.S.

European arms company KNDS, producer of Leopard tanks and Caesar self-propelled howitzers, announced on June 7 the establishment of a branch in Ukraine.

Representatives of Ukrainian and French companies also signed an agreement in Paris to set up an ammunition production facility under a KNDS license.

German arms manufacturer Rheinmetall said it plans to open at least four production plants in Ukraine.

Ukraine uses over 110 types of vehicles on the battlefield
More than 110 models of Ukrainian and foreign-made military vehicles have been approved for use in the Armed Forces of Ukraine since March 2022, Ukraine’s Defense Ministry said on June 8.

News Feed

8:42 PM

US-based CourtAvenue acquires Ukrainian AI firm BotsCrew.

CourtAvenue, an American artificial intelligence solutions company ranked among the fastest-growing private companies in the U.S., has acquired a controlling stake in BotsCrew, a Ukrainian company that develops chatbots for business, BotsCrew announced in a press release on Feb. 11.
6:02 PM  (Updated: )

US Treasury Secretary to visit Ukraine, meet Zelensky.

U.S. Treasury Secretary Scott Bessent will visit Ukraine this week to discuss a potential deal between Kyiv and Washington on critical minerals, Bloomberg reported on Feb. 11, citing undisclosed sources.
2:22 PM

Russia records worst-ever ranking in key corruption index.

Transparency International highlighted that Russia's full-scale invasion of Ukraine has further entrenched authoritarianism, with the Kremlin suppressing dissent, redirecting resources to its military agenda, and eliminating independent voices.
MORE NEWS

Editors' Picks

Enter your email to subscribe
Please, enter correct email address
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Subscribe
* indicates required

Subscribe

* indicates required
Subscribe
* indicates required
Subscribe
* indicates required
Explaining Ukraine with Kate Tsurkan
* indicates required
Successfuly subscribed
Thank you for signing up for this newsletter. We’ve sent you a confirmation email.