defenseindustry
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 weapon export fund worth $2 billion, encouraging Ukraine to bolster its own defense capabilities. This move is timely for Kyiv, which seeks to reduce its reliance on the West and attract investors to replenish its exhausted budget. Ukraine is focusing on g...
Kyiv Independent (UK)
The first joint production plant of the German arms manufacturer Rheinmetall and the Ukrainian state-owned enterprise Ukroboronprom in Ukraine became operational, Strategic Industries Minister Alexander Kamyshin announced on June 10. The news came as Kyiv aims to localize weapons production in 2024. Rheinmetall previously said it plans to open at least four production plants in Ukraine. 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 armored vehicles, according to the minister. Th...
Kyiv Independent (UK)
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 has led to the creation of more than 200 domestic drone companies, but experts in Ukraine’s drone industry agree that factors including increased competition mean many of the smaller firms are unlikely to survive. While there are strategic incentives for large,...
Kyiv Independent (UK)
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. Despite Western efforts to undermine Russia's industrial and military output, the country is only increasing its investment into arms production, allocating a record portion of its 2024 federal budget for military needs. As Russia switches into a war economy mode, "a large part or part of what is newly produced no longer goes to the front, but en...
Kyiv Independent (UK)
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