The Swedish Government adopted a comprehensive new strategy for the country’s defence industry aimed at fostering innovation, boosting production, and enhancing cooperation.
The EU and United Kingdom have agreed on a Security and Defence Partnership following the EU–UK Leaders Summit held in London on 19 May.
The primary objective of the MoU is to foster collaboration between Ukrainian defence companies and ASD members.
Lithuania has launched the ‘Vytis’ initiative aimed at strengthening its defence industry capabilities, promoting innovation, and increasing international competitiveness.
The defence industry is gaining importance in Germany, with almost four out of ten respondents seeing it as making a significant contribution to the security of Germany and Europe.
Germany’s defence industry is significantly increasing employment in response to growing demand for military equipment, driven largely by Russia’s full-scale invasion of Ukraine.
Ukraine and Sweden are continuing to strengthen their strategic partnership in the defence industry, with particular focus on joint ventures and innovative military technologies.
Ukraine has significantly expanded its defence manufacturing capabilities in 2024, producing military equipment worth USD 9 billion.
The move is intended to simplify international arms sales and boost revenues for American defence manufacturers, while also supporting domestic job creation.
On 7 March, the Federal Association of the German Security and Defence Industry (BDSV) proposed repurposing selected automotive factories for defence production.
Ukraine became the world’s largest importer of major arms in the period 2020–24, with its imports increasing nearly 100 times over compared with 2015–19.
Ukraine’s Minister for Strategic Industries, Herman Smetanin, has announced that the country’s annual defence production capacity is expected to rise to USD 35 billion this year.
