Poland is calling on Germany to immediately increase defense spending, while France is ramping up purchases of long-range weapons. Poland’s Deputy Defense Minister Cezary Tomczyk believes that Central Europe, including Germany, should increase its defense spending to set an example for other countries following Trump’s victory, w... #CezaryTomczyk #DefenseIndustry #DefenseSpending #France #Germany #Poland
The US doubts the prospects of success for the EU’s strategy of buying mainly European weapons. Washington is concerned about the EU’s weapons procurement plan, which prioritizes purchasing European weapons. The US believes that this is not the cheapest or fastest way to get weapons to Ukr... #DefenseIndustry #EuropeanWeapons #JulianneSmith #MilitaryAid #WarinUkraine #WeaponsProduction
Ukraine is considering the construction of a gunpowder plant and growing raw production materials. According to the director of Ukrainian Armored Vehicles, Vladyslav Belbas, the manufacturer received only one proposal from a Western company in three years, which was to build a €20M plant to process... #Cotton #DefenseIndustry #GunpowderPlant #Powder #VladyslavBelbas
Europe will increase its defense investment sharply in 2024 in response to Russian aggression. European venture capitalists plan to invest $1B in defense technology by the end of 2024, which is 400% more than in 2018, as a result of Russian aggression in Ukraine. According to Dealroom, venture ... #DefenseIndustry #DefenseInvestments #DefenseTechnology #EUdefense #NATO
Ukraine has invested $7B in its defense sector, and its allies are purchasing domestically produced equipment for the Ukrainian Armed Forces. “Together with the government, the MoD has invested more than $7B in the defense industry. These investments provided us with enormous support when we were not receiving international technical ... #DefenseIndustry #DefenseSectorUkraine #WeaponProductionInUkraine
Ukraine and Poland signed a security agreement to help intercept Russian missiles and drones. On July 8, Ukrainian and Polish officials signed a bilateral security agreement in Warsaw. Among the document’s key provisions is Poland’s obligation to provide several packages of militar... #DefenseIndustry #MIG29 #Poland #SecurityAgreement #SupportUkraine #WarinUkraine
