Germany considers converting automotive factories to defence production
On 7 March, the Federal Association of the German Security and Defence Industry (BDSV) proposed repurposing selected automotive factories for defence production.
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.
The Norwegian government has announced plans to provide NOK 3.5 billion (approximately €298.5 million) for the procurement of military equipment from Ukraine's defence industry.
The Royal United Services Institute (RUSI) has released a report titled Tactical Developments During the Third Year of the Russo-Ukrainian War, which analyses military tactics used by both sides in the ongoing conflict.
Three years on from Russia’s escalation of its war on Ukraine with the full-scale invasion, Ukraine faces mounting military challenges.
According to NABU, the suspect, in coordination with other individuals, allegedly transferred more than USD 46 million from Ukrainian state-owned enterprises to foreign accounts.
In fiscal year 2024, U.S. military equipment sales to foreign governments surged to a record $318.7 billion, marking a 29% increase from the previous year, according to the U.S. Department of State.
The UK Ministry of Defence has announced a significant military and economic commitment to Ukraine, set to bolster the UK defence industry.
The Ministry of Defence of Ukraine has announced progress toward a bilateral agreement with Sweden aimed at fostering cooperation between their defence industries.
Ukraine and Japan are discussing potential collaborations in strategic industries, with a focus on defence and industrial development.
The Turkish aerospace and defence industry recorded exports totalling USD 7.154 billion USD in 2024. This marks an increase of USD 1.6 billion USD, or 29%, compared to the previous year.
Categories: