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