defense industry

New defense bank with Ukraine’s participation could attract €100 billion in financing

Ukraine, Canada, and seven other states plan to establish the Bank for Defense, Security, and Resilience. The signing of the founding document is scheduled for November 30, 2026, and the launch of the structure is planned for 2027.

other materials in the section defense industry

The Cabinet of Ministers has allowed businesses to build underground factories for defense sector needs

The Cabinet of Ministers has authorized private investors and developers to construct underground production facilities for defense industry enterprises. Under this pilot project, businesses will be able to finance the construction of protected…


Government cuts reservation quotas for defense industry and energy sector to 95 percent

The government’s mobilization registration policy is undergoing another review aimed at reducing the categories of citizens with guaranteed protection from conscription. The Cabinet of Ministers has prepared a draft of an updated resolution that…


Katarina Mathernova outlines four principles of European support for achieving peace

Head of the EU Delegation to Ukraine Katarina Mathernova stated that true peace requires effective commitments rather than just statements from the russian federation. The European Union continues to provide financial and security support based on…


Ukraine uses domestically produced ballistic missile against Russia for the first time, FirePoint says

Ukraine carried out its first combat employment of a domestically developed ballistic missile against targets inside Russia. The announcement was made by the defense manufacturer FirePoint.


Danylo Hetmantsev proposes a mechanism to attract 400 billion UAH to the 2027 budget

Member of Parliament Danylo Hetmantsev is initiating the attraction of an additional 400 billion UAH to the 2027 state budget through economic shadow reduction and expenditure optimization. The primary financial resources are planned to be directed…