Contents tagged with defense industry
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Kyiv to lift restrictions on the privatization of Ukrainian defense companies
The National Security and Defense Council of Ukraine (NSDC), the Cabinet of Ministers and the National Security Committee of the Verkhovna Rada are preparing a bill to lift restrictions for privatizing state defense enterprises, stated NSDC Secretary Oleksandr Turchynov.
"We are actively working with the Cabinet of Ministers, the Verkhovna and the relevant committees in order to lift any restrictions on privatization of the state defense enterprises and investments at the legislative level, …
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Putin: Russian defense enterprises should develop their production of civilian products
By 2020, when the main part of the State Defense procurement is complete, the financial stability of state enterprises should be maintained by producing civilian products, Russian President Vladimir Putin stated during his visit to the Ufa Engine Industrial Association (UEIA), as reported on the Kremlin’s website.
The main task of Russian industry, as noted by the Russian President, is mastering the production of modern and competitive civilian products. At the same time Putin stressed that …
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Putin: Russia's participation in the Syrian military operation was valuable to the Russian Army
The military operation in Syria has brought great benefit to the Russian defense industry, Russian President Vladimir Putin said during a Direct Line Q & A session on Thursday.
"This is of great benefit to our defense industry. The use of the latest weapon types made it possible to understand how they work in combat conditions and how to make the necessary adjustments to the quality of these new weapons systems. We already knew that those are good, functional weapons. However, when we saw how …
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Media: In May, Putin will meet with heads of defense companies to discuss development of Russia's military industry
Russian President Vladimir Putin will hold a number of special meetings in Sochi from May 16th to 20th on the development of the armed forces in Russia, reports the newspaper Kommersant, citing as its sources top managers of companies in the military industry.
“A different topic will be discussed each of the five days, and the talks will focus on armaments and military equipment, after which, while the president is still there, the manufacturers and the military will discuss the problems which …
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Ukraine will resume production of Soviet era armored vehicles
During his visit to the Kharkiv Plant of Transport Machinery, President Petro Poroshenko stated that Ukraine would resume production of Soviet-era armored vehicles, specifically the multi-purpose, light-armored towing vehicle or MT-LB.
"Recently the state defense order for 2017 was approved. There is work for the Malyshev [plant], as well as the Lviv, Mykolaiv, Kyiv and Zhytomyr armored machinery plants. The good news is that there is also an order for the Kharkiv Plant of Transport Machinery. …
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Ukrainian Cabinet of Ministers approved defense order for the next three years
The Cabinet of Ministers of Ukraine approved the first state defense order for the years 2017-2019. This was stated by the Ministry of Economic Development and Trade of Ukraine. The order comes on the heels of an earlier report that indicated a 67%-80% of the equipment wear of the defense enterprises of Ukraine.
It was reported that a medium-term state defense order is being approved for the first time and assumes the predictability of budget expenditures. The order creates conditions for the …