The total net income of the enterprises that are part of Ukroboronprom state concern in 2016 increased by 31.2% YoY, to UAH 28.3 billion, the press service of the state concern has reported. The financial result from operating activities for the year amounted to UAH 2.344 billion. The volume of investments used for production of…
Kyrgyzstan will be able to negotiate directly with Russian defense enterprises on the supply of arms, the presidential aide on the military-technical cooperation Vladimir Kozhin said. According to him, both countries plan to sign an agreement on the development of military-technical cooperation within the framework of the Collective Security Treaty Organization (CSTO). Russia has already…
The public joint-stock company Kharkiv Tractor Plant in 2017 will participate in military production cooperation and in work to fulfill the government’s military production, including the program to substitute domestic goods in the military sphere, Ukrainian president Petro Poroshenko said during a visit to the factory in Kharkiv. The head of state said the state…
“Security is not cheap. Otherwise the price is the entire country,” Latvian Defense Minister Raimonds Bergmanis said. On February 15, as part of a meeting of NATO defense ministers in Brussels, Bergmanis took part in a meeting of the North Atlantic Council. The meeting discussed the realization of decision made at the NATO Summit in…
The plants of Ukroboronprom state concern have 100% fulfilled the state defense order in 2016 and military men were given 2,139 units of new and modernized weapons and equipment. Among them are 109 units of armored vehicles, 36 units of air force and air defense equipment, 766 rocket and artillery units, 712 rockets and ammunition,…
Russian aviation was redeployed from air bases in Chelyabinsk region and the air base «Kant» (Kyrgyzstan) to Tajikistan, the Assistant Commander of the Central Military District, Colonel Jaroslav Roshupkin said. «Aircrafts of operational-tactical aviation — Su-24M and Su-25 SM — were redeployed to the airfield Aini near Dushanbe for a planned joint training of units…
Exports of arms and dual- and special-purpose products by state-run Ukroboronprom Concern in 2016 grew by 25% YoY, to $756 million. These figures were announced by Ukroboronprom Deputy Director Denys Hurak at a forum on cooperation between the defense industry and small and medium-sized businesses. The concern’s state-run enterprises concluded contracts on arms exports last…