The war in Ukraine has prompted European funds to increase their investments in defense companies by more than 100%. Since the Russian invasion of Ukraine, European sustainable development funds’ investments in defense companies have increased by more than 100%, which relates to political demands to strengthen the d... #DefenseUkraine #InvestInDefense
Ukraine will prepare a controlled arms export concept that will generate $2B in a year and a half. A working group of parliament members and defense industry representatives will develop a concept for the controlled export of military products during the war. “Now the issue of scaling up prod... #AmericanWeapons #armsexports #DefenseUkraine
The newest Ukrainian military innovation, the Palyanytsia, costs less than $1M, and expansion of production is planned. Ukraine has developed a new long-range weapon that will allow it to strike deep into Russia without asking for permission from allies – its own rocket-drone hybrid, Palyanytsia. On Independence Day, P... #DefenseUkraine #DroneArmy #DroneProduction #Palyanytsia #PalyanytsiaDron
This year, the defense-industrial complex and mechanical engineering goods expect increased production output. Although the Ukrainian foundry industry has lost approximately 50% of its capacity since the beginning of the war, and the existing enterprises are operating at 30-50% capacity, the industry continues... #DefenseUkraine #FoundryUkraine
Ukraine acquires global defense tech hub status; more than 100 investment partners from 30 countries are interested in domestic developments. Minister of Digital Transformation of Ukraine Mykhailo Fedorov said that Ukraine’s partners admire the expertise of Ukrainian developers and the fact that Ukrainian solutions demonstrate their e... #DefenseTechHub #DefenseUkraine #TechDefense
Ukraine’s 2024 defense budget will exceed 21.6% of GDP for the first time. On October 9, the National Security and Defense Council (NSDC) defined the main parameters of the 2024 defense budget. The National Security Council instructed the Cabinet of Ministers to allocate at ... #DefenseUkraine #UkraineDefenseBudget #WarinUkraine
Ukraine’s annual military expenditures are estimated at UAH 3T. Of this amount, UAH 1.6T is for the security and defense sectors, said the newly appointed Minister of Defense, Rustem Umerov, on September 6. As he noted, the budget’s revenue totals UAH 1.4T, ... #DefenseUkraine #RustemUmerov #UkraineBudget #UkraineMilitaryExpenditures #WarinUkraine
Ukraine and the Czech Republic will launch six joint projects in the defense sector. The Czech President, Petr Pavel, visited Ukraine with the President of Slovakia, Zuzana Caputova, and issued several statements. The countries have agreed on the production of arms and ammunition, rep... #AmmunitionForUkraine #DefenseUkraine #PetrPavel #ZuzanaČaputová
Ukraine has launched the BRAVE1 cluster for the development of defense technologies. The Ministry of Digital Transformation, Ministry of Defense, General Staff, National Security Council, Ministry of Strategic Industry, and Ministry of Economy have established a single defense technol... #Brave1 #Defense #DefenseInnovations #DefenseUkraine #hightechweapons #NatalyaKushnerska #OleksiyReznikov
The Ministry of Defense has signed contracts worth UAH 46B with Ukrainian companies. The Ministry of Defense of Ukraine has signed 428 contracts to purchase food, fuel, lubricants, and other supplies with Ukrainian suppliers and manufacturers for a total of UAH 46B. Specifically, the ... #DefenseIndustryUkraine #DefenseTechnology #DefenseUkraine
Baltic states get approval from the US to send weapons to Ukraine. The defense ministers of Latvia, Lithuania, and Estonia have said in a joint statement that their countries have received approval from the US to transfer US-made weapons to Ukraine. Estonian Minister... #BalticStates #DefenseUkraine #JavelinforUkraine
US President Biden approved a $300 mln defense budget for Ukraine. Biden has signed the National Defense Allocation Act (NDAA), which defines funding for major US defense policies and provides security assistance to Ukraine, reported The Hill. “The House of Rep... #DefenseUkraine #JoeBiden
The US Senate has approved a $300 mln defense budget for Ukraine. Following the passing of the bill in the House of Representatives, the US Senate passed a bill on defense policy and budget NDAA-2022, which provides for the allocation of $ 768.2 billion in defense n... #DefenseUkraine #USaidforUkraine #USsenate
The United States will give Ukraine $20 mln to strengthen its borders with Russia and Belarus. The State Border Guard Service of Ukraine and the U.S. Embassy signed a joint action plan to enhance the northern and eastern sections of the Ukrainian border, announced dpsu.gov.ua. The project will ... #DefenseUkraine #UkraineBelarusBorder #UkraineBorders #UkraineRussianBorder
Ukroboronprom to become a joint-stock company. The Government has decided to transform the Ukrainian Defense Company (Ukroboronprom) into a joint-stock company and approved the reorganization of its 43 strategic enterprises into companies under 10... #DefenseUkraine #ukroboronprom
Ukroboronprom’s net income increased by 6%. The increase came from the sale of goods, works, and services for the three quarters of 2021, which exceeded UAH 26 bln ($962 mln). The figure was 6% more than in the same period last year, reported U... #DefenseUkraine #ukroboronprom
Alexei Reznikov, visits the United States for the first time in his capacity as the Ukrainian Minister of Defense. Talks are scheduled to be held at the US Secretary of Defense, the State Department, and Congress. “Among the topics of discussion are the strategic partnership between Ukraine and the United St... #DefenseUkraine #OleksiyReznikov #USdefense
Ukraine and Indonesia are stepping up cooperation in the defense sector. Ukraine is ready to support Indonesia with the implementation of bilateral projects in the aviation industry, in particular, the repair and modernization of equipment reported ukrinform. The two count... #DefenseUkraine #UkraineandIndonesia
USA to support defense reform in Ukraine until the country reaches NATO membership criteria reported Interfax. Speaking during a recent visit to Kyiv, the US Secretary of Defense, Lloyd Austin, said that NATO allies pledged support for Ukraine in its intentions to become a full member of NAT... #DefenseUkraine #LloydAustin #UkraineNATO #USsupportsUkraine
Turkish unmanned combat aerial vehicles (drones) to be produced in Ukraine. Ukraine’s Foreign Minister, Dmytro Kuleba, said there will be an announcement when the heads of both states meet 112.international. The construction of the Turkish medium-altitude long-endurance comba... #Bayraktar #DefenseUkraine #DmytroKuleba #TurkishDrones
The US Congress has proposed to increase the amount of security assistance provided to Ukraine by $50 million. This will increase the total to $300 million, according to the draft US defense budget for 2022. The Ambassador of Ukraine to the United States, Oksana Markarova, said that the draft budget should be ... #DefenseUkraine #USaidforUkraine #USdefenseBudget
Foreign Affairs Minister Dmytro Kuleba has confirmed that Ukraine and the United States are discussing the delivery of the Iron Dome mobile all-weather air defense system the Ukrainian News Agency reports. The U.S. Department of Defense must submit a report to Congress, which will include options for the potential sale or transfer ... #DefenseUkraine #IronDome #IronDomeforUkraine
Ukroboronprom and US defense companies conclude multi-billion-dollar agreements . Fruitful negotiations were held with Lockheed Martin Corporation, Harris Global Communications Inc (a member of the L3Harris Technologies group of companies), Global Ordnance, and Day & Zimmerma... #DefenseUkraine #ukroboronprom
US-Ukrainian Strategic Defense Framework agreement signed on August 31 in the presence of the President Zelensky. It defines a new stage of cooperation between Ukraine and the US in the field of defense and security. It reaffirms the unwavering support of th... #DefenseUkraine #USsupportsUkraine #Zelenskyy
Key components of the Strategic Defense Framework. During the next five years, bilateral defense relations will include a full training program to help Ukraine counter Russian aggression; assistance in carrying out reforms in the defense sector in acc... #DefenseTechnology #DefenseUkraine
On the eve of Zelenskiy’s visit, Biden makes a symbolic gesture. Despite being preoccupied with the crisis in Afghanistan and the Covid 19 pandemic at home, on August 27 President Biden designated an additional $60 million for Ukraine’s defense needs. #DefenseUkraine #JoeBiden #Zelenskyy
