On July 30, the Government adopted a decision to stimulate the production of domestic weapons, announced Prime Minister of Ukraine Yulia Svyrydenko. She emphasised that, in response to requests from drone and electronic warfare manufacturers, the Government had allowed the inclusion of loan interest costs – up to 10% of production costs – in the…
Lithuania plans to spend EUR 500 million over the next decade on anti-tank mines, prioritising local manufacturers. However, domestic companies say the current technical specifications appear tailored to Poland-made mines, raising concerns about whether it’s viable to invest in domestic production. Five Lithuanian firms are considering participation in a Defence Ministry tender to supply anti-tank…
Italy is interested in cooperating with Ukraine in weapons production, and specific projects are already being developed, Davyd Aloian, Deputy Minister for Strategic Industries (the Ministry of Strategic Industries is currently in the process of merging with the Ministry of Defense), has said. “The Italian side has begun actively engaging with us on specific business-to-business…
On July 16, the Verkhovna Rada of Ukraine supported amendments to the Law of Ukraine “On the State Budget of Ukraine for 2025” in its first reading, aimed at ensuring financial support for the security and defence sector and addressing urgent priorities. Bill 13439-3 replicates all provisions of the Government’s draft (reg. No. 13439) prepared…
A meeting between the Prime Ministers of Ukraine and Latvia, Denys Shmyhal and Evika Silina, took place in Kyiv. The parties discussed bilateral cooperation across various sectors. The Head of the Ukrainian Government expressed gratitude to Latvia for its support and consistent assistance to Ukraine in military, political, humanitarian and sanctions-related areas. “We value Latvia’s…
During the Ukraine Recovery Conference (URC), five agreements were signed to foster cooperation in the defence industry. An agreement on cooperation was signed between the Ministry of Strategic Industries of Ukraine and the Italian Ministry of Defence. This joint commitment aims to promote collaboration between Ukrainian and Italian defence companies, addressing needs for components and…
On July 4, in Copenhagen, Minister for Strategic Industries of Ukraine Herman Smetanin and Minister of Industry, Business and Financial Affairs of Denmark Morten Bodskov finalized agreements on cooperation in defense production between the two countries. The document signed by the two sides outlines specific steps to facilitate Ukrainian defense companies in setting up new…