defenseindustry
Ukraine's state-owned defense company, the Ukrainian Defense Industry (Ukroboronprom), was ranked for the first time in history among the top 50 global defense companies by Defense News, Strategic Industries Minister Alexander Kamyshin said on Aug. 8. Ukroboronprom is a leading strategic manufacturer of weapons and military hardware in Ukraine. The association includes enterprises that develop, manufacture, sell, repair, and modernize weapons, military equipment, and ammunition. Ukroboronprom was ranked 65th last year, moving up by 16 positions in 2024. According to Kamyshin, Ukroboronprom is ...
Kyiv Independent (CA)
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 promotes the prowess of Russia’s military-industrial complex to reassure both domestic and international audiences of Russia’s ability to not only sustain its war effort in Ukraine but also further leverage its arms sales forgeopolitical influence. These statements are seeming...
Kyiv Independent (CA)
Ukraine has signed two contracts worth a total of $121 million with domestic defense industry companies, Defense Minister Rustem Umerov said on July 30. In a post on Facebook, Umerov described the two deals as "critically important for the Armed Forces of Ukraine." "Our defense industry is getting stronger," he said, adding: "As we buy and support our own, contributing to the development of our economy and industry." Umerov signed the deals while on a trip to Kharkiv and Poltava oblasts with President Volodymyr Zelensky on July 29. He did not specify the companies involved or what weapons or e...
Kyiv Independent (CA)
Boeing has signed a memorandum with Ukraine's largest aircraft manufacturing company, Antonov, to further collaborate on defense-related projects, according to a statement published on July 22. This comes as another sign of Ukraine turning to Western companies to strengthen domestic arms production as it continues to face Russia's full-scale war. "A strong, innovative, and efficient defense industry is key to sustainable economic development and national security, and we are extremely excited to collaborate with Boeing," said Yevhen Havrylov, Antonov's CEO. The parties may cooperate in trainin...
Kyiv Independent (CA)
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. Defense Minister Rustem Umerov signed the agreement in London with U.K. Defense Secretary John Healey in the presence of President Volodymyr Zelensky and British Prime Minister Keir Starmer. According to the Presidential Office, the agreement will support the partial production of air defense systems, armored vehicles, and ammunition in Ukraine. "Due to the need for rapid development of capabilities and the high cost of def...
Kyiv Independent (CA)
The Bureau of Economic Security (BEB) is effectively blocking the work of a body armor manufacturer due to ongoing investigations of tax evasion, Forbes Ukraine reported on July 16, citing the company's senior executive. This complicates the supply of bulletproof vests to the military as the Ukrainian Armor (Ukrainska Bronia) company is one of the few certified producers in the country. According to Forbes, the Bureau of Economic Security carried out searches at the company's facilities in May 2023, seizing products worth Hr 40 million ($970,000) and freezing the firm's accounts. "These produc...
Kyiv Independent (CA)
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. Kyiv has sought to convince allied countries to donate arms to Ukraine's military via direct purchases from Ukrainian companies, as Kyiv's defense budget does not match the capacities of domestic weapons production. While the currently pledged sum is still a far cry from the $10 billion benchmark presented by Strategic Industries Minister Alexander Kamyshin in May, it shows that the i...
Kyiv Independent (CA)
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. The representative office in the U.S. will focus on three key areas, including interaction with business and expert organizations, as well as cooperation with government agencies and defense organizations, the company's July 9 statement read. The American unit will also support Ukroboronprom enterprises' projects in the United States and partner countries. Ukroboronprom is a lea...
Kyiv Independent (CA)
The Russian government plans to build a network of barrage balloons, called the "Barrier" protection system, to repel Ukrainian long-range drone strikes, The Telegraph reported on July 6. Ukrainian forces regularly conduct drone strikes and sabotage acts on Russian territory, targeting military bases, oil refineries, and industrial facilities, the profits of which fuel Moscow's war efforts. A Russian aerospace firm, First Airship, has developed a ballon prototype and started testing it, according to The Telegraph. Polina Albek, the general director of First Airship, announced that her company ...
Kyiv Independent (CA)
Norwegian defense company Kongsberg opened a new missile factory in Norway on June 20 amid rising global tensions and soaring demand from countries worldwide. The $61 million facility in the town with which the company shares its name will produce the company's Naval Strike Missile (NSM) and Joint Strike Missile (JSM). "Our new missile production facility directly addresses the strong and long-term demand for our unique technology and the critical need to strengthen collective defense capabilities," Kongsberg CEO Geir Haoy said in a statement. "When we decided to invest in a new missile produc...
Kyiv Independent (CA)
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