Ukraine's Defence Minister calls on world's leading defence companies to invest in weapons production in Ukraine

Economichna Pravda — Monday, 3 June 2024, 16:23

Defence Minister Rustem Umierov has urged representatives from the world's biggest defence firms to invest in weapon manufacture in Ukraine and form joint defence ventures.

Source: Umierov on Facebook

Details: The minister stated that at the Asia Security Summit, the Shangri-La Dialogue, he met with representatives from the world's major defence and technology corporations, such as BAE Systems, Lockheed Martin, Airbus, Boeing, Saab, Google, Oracle, and a dozen other defence companies.

"The establishment of a powerful military industrial base is a matter of national security for us.

We already cooperate with these companies, and our soldiers successfully test their weapons, equipment, and technologies on the battlefield, providing unique feedback that allows the companies to improve their products.

Our focus is production in Ukraine or the involvement of Ukrainian companies in cooperation with these global giants," the minister wrote.

Background: Umierov announced the Cabinet of Ministers' (Ukrainian government) decision to allocate an additional UAH 370 billion (approx. US$9.1 billion) for procurement of weapons.

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