The production capacity of Ukraine's defense industry can reach $35 billion.
Defense product manufacturing in Ukraine is increasing
The Minister for Strategic Industries of Ukraine, Herman Smetanin, stated that the production capacity of the Ukrainian defense-industrial complex (DIC) is expected to reach $35 billion this year. He also emphasized that the level of defense product manufacturing is increasing compared to previous years. In 2022, products worth $1 billion were produced, in 2023 - $3 billion, and last year - $9 billion. However, the actual production of defense products by Ukrainian enterprises amounted to about $20 billion.
Advisor to the President of Ukraine, Oleksandr Kamyshin, pointed out that during the Soviet era, Ukrainian DIC enterprises produced 18% of the defense products created within the USSR. This was evaluated at approximately $25 billion in monetary equivalent.
Currently, over 800 enterprises of various ownership forms operate in Ukraine, engaged in the production of arms and military equipment within the defense-industrial sector.
Read also
- Preparing for war to preserve peace: NATO Secretary General made a tough statement
- The intelligence service announced the start of the exchange of bodies of the deceased between Ukraine and the Russian Federation
- The Russians are trying to create a foothold for an offensive on Kostiantynivka
- The enemy has changed tactics in attacks in the Kupiansk direction
- Russians are trying to bypass Lyman and capture key heights
- An attack occurred at the factory in Kazan that produced charges for 'Kalibr' and 'Iskander': video
