What Happened
Ukrainian Defense Industry Expands International Cooperation
Ukraine has signed nearly 20 agreements on joint defense production with European countries, according to Ihor Fedirko, CEO of the Ukrainian Council of Gunsmiths. The country’s defense industry has an estimated production capacity of $55 billion per year, with a focus on producing long-range and medium-range strike systems, including drones and missiles. Ukraine aims to reduce its dependence on Chinese-made components and is implementing projects with German companies, with 12 joint-production agreements signed. This was reported by Ukrinform.