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American defense giant Northrop Grumman will launch ammunition production in Ukraine.

Thursday, June 20, 2024
American defense giant Northrop Grumman will launch ammunition production in Ukraine.

The American defense corporation Northrop Grumman plans to create production facilities for medium-caliber ammunition in Ukraine. This results from a state-funded Ukrainian government project and approval from the US government.

Medium caliber ammunition is standard for many combat vehicles and anti-aircraft anti-drone systems. These projectiles can be manufactured in different versions including armor-piercing and high-explosive fragmentation with programmed detonation. The company also announced its plans to expand the production of medium calibers and start production of tank and 155-mm artillery ammunition.

It is emphasized that the Ukrainian government is currently investing $2B in the defense industry, which has become a key factor for Northrop Grumman.

Northrop Grumman is the world’s third-largest defense company in terms of revenue, with about $32.5B annually.

 

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