The Drone Coalition members created a special €45M fund, Denmark will buy Ukrainian howitzers, and Ukraine will produce NATO ammunition with the US.

Friday, July 12, 2024
The Drone Coalition members created a special €45M fund, Denmark will buy Ukrainian howitzers, and Ukraine will produce NATO ammunition with the US.

The member countries of the Drone Coalition have created a special fund for rapid joint procurement of UAVs for Ukraine. The Netherlands, Britain, Latvia, New Zealand, and Sweden, which joined the coalition on July 10, have pledged to contribute more than €45M to the fund. In particular, the Netherlands will contribute €20M. The Drone Coalition plans to supply Ukraine with one million FPV drones after more than 265 companies have registered to supply FPV drones to Ukraine.

Meanwhile, Ukroboronprom and the US company, Northrop Grumman, signed an agreement to produce NATO-standard medium-caliber ammunition.

President Volodymyr Zelenskyy invited American companies (in particular, BAE Systems, Boeing, Lockheed Martin, General Dynamics) to work in the Ukrainian market and cooperate with domestic enterprises.

Also, according to Denmark, it will finance the production of 18 Ukrainian Bohdana self-propelled 155 mm artillery installations.

 

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