The state-owned company Ukrspecexport, a part of the State Concern Ukroboronprom and Ukraine’s main exporter of all types of weapons and military equipment, increased its net profit by 69% YoY in January-March, to UAH 64.34 million ($2.4 million) from UAH 38 million ($1.4 million). Net revenue from sales of products in Q1 stood at UAH…
Ukraine’s state-owned enterprise Zhytomyr Armored Plant has upgraded the combat module “Duplet”, which is intended for the modernization of armored vehicles, and it has passed successful tests, Ukrainian President Petro Poroshenko has reported on his Facebook page. He also noted that Zhytomyr Armored Plant had significantly increased the characteristics of the combat module and equipped…
The United States has confirmed the delivery of Javelin antitank missile systems to Ukraine in a move that is welcome in Kyiv but will almost certainly enrage Moscow amid a four-year conflict that pits Russia-backed separatists against Ukrainian national troops. “They have already been delivered,” a U.S. State Department official confirmed on April 30. A…
Ukrainian President Petro Poroshenko has ordered to start the large-scale production of Ukraine’s brand new Vilkha (Alder) missile system in 2018. “The Ukrainian army will get high-precision weapons. I attended the final testing of our Vilkha missile complex,” he wrote on Facebook on April 25. “Why is it so important? Not only because the Ukrainian…
CEO of Ukraine’s state-run military-industrial concern Ukroboronprom Pavlo Bukin says Ukrainian enterprises of the military-industrial complex in the past three years exported military products to India to the tune of about $400 million. Mykolaiv-based Zorya-Mashproekt alone sold gas turbines worth $200 million to the Indian Navy for its warships, the concern’s press service said. “In…
The contract for supplying Oplot-T tanks to the Kingdom of Thailand has been successfully completed, Ukroboronprom Director General Pavlo Bukin has said. A press release by Ukroboronprom citing Bukin said the last party of tanks had passed checks by the customers and would be sent to the buyer in the near future. “The contract was…
Ukraine has successfully tested the new 152mm artillery ammunition produced by the state-owned Kyiv-based Artem, which is a part of the country’s major arms producer UkrOboronProm. Thus, Ukraine has secured own production of large caliber artillery ammunition, according to Pavlo Bukin, CEO at UkrOboronProm (UOP). Commenting on the results of the latest tests, Bukin said…