Ukraine’s military expenditure grew by 21%, to $4.8 billion in 2018. Total world military expenditure rose to $1.8 trillion in 2018, representing an increase of 2.6% from 2017, according to new data from the Stockholm International Peace Research Institute (SIPRI). The five biggest spenders in 2018 were the United States, China, Saudi Arabia, India and…
Ukraine might create a new state agency with expanded powers to replace the state-run Ukroboronprom Concern, according to Deputy Secretary of the National Security and Defense Council of Ukraine, Serhiy Kryvonos. According to him, the adoption of the bill on reforming Ukroboronprom will help reduce corruption risks in the defense industry, Kryvonos said. The official…
Ukraine successfully tested the Neptun anti-ship missile defense system on April 5. President of Ukraine, Supreme Commander-in-Chief of the Armed Forces of Ukraine Petro Poroshenko took part in the tests of the latest Ukrainian cruise missile complex to defeat the marine and coastal targets. All components of the complex were produced at Ukrainian defense enterprises,…
Uzbekistan’s expenditures on the import of weapons and ammunition, their parts and accessories in 2018 amounted to $700,000, the Central Bank reported. In 2016-2017, $300,000 was spent for these purposes. Thus, over the past year, spending on armaments has more than doubled. Data on the import of weapons and ammunition are disclosed by the Central…
Deputy Secretary of the National Security and Defense Council (NSDC) Serhiy Kryvonos has said that six months are needed to fully reform State Concern Ukroboronprom, which includes more than 130 state-owned enterprises of the military-industrial complex. Kryvonos said that this was exactly the required term to restart to operation of Ukroboronprom, if the Verkhovna Rada…
Ukraine’s state-run Ukroboronprom Concern has reached an agreement to modernize Egypt army’s air defense systems. The agreement was signed at the meeting between Director General of Ukroboronprom Pavlo Bukin and Vice President and Production Director of Egypt’s National Organization for Military Production Hassan Ahmed Abdel-Mageed during an IDEX-2019 exhibition in Abu Dhabi (UAE), according to…
Ukraine’s state-owned defense industrial group, Spetstechnoexport, has unveiled for the first time the new model of high-precision multiple rocket launching system Vilkha at the international Defense exhibition IDEX 2019 in the UAE. According to a company statement, the new Ukrainian high precision multiple rocket launching system Vilkha with 300mm caliber missiles is considered one of…