Contents tagged with defense sector

  • Ukrainian Defense Minister: USA will allocate $100 million for Ukraine’s defense

    During a broadcast of IСTV Chan, the Minister of Defense of Ukraine, Stepan Poltorak said that the USA will soon allocate 100 million dollars in assistance to Ukraine to strengthen its defense capacity.   

    "The US Defense Secretary stressed that after adoption [in Ukraine] of the National Security Law and after analyzing the reform of the Armed Forces of Ukraine, in the near future, the USA will provide assistance to Ukraine to strengthen Ukrainian Army’s defense capabilities and will supply …

  • Ukraine to significantly increase defense and national security expenditures

    In accordance with the proposals of the Cabinet of Ministers of Ukraine, in 2018, Ukraine will allocate 163 billion hryvnia ($6.2 billion) for national security and defense needs, which is 20 billion hryvnia ($767 million) more than was allocated this year. This was announced on September 13 during a meeting of the National Security and Defense Council of Ukraine led by President Petro Poroshenko, the presidential press service reported.

    Poroshenko noted that despite the aggression against …

  • Groysman: Ukraine has achieved full economic independence from Russia in the defense sector

    The Prime Minister of Ukraine, Volodymyr Groysman, stated that Ukraine has achieved full economic independence from Russia in the defense sector, the press service of the Cabinet of Ministers reported.

    “The work on import substitution was successfully completed. We were traditionally attached to the Russian economy, due to the aircraft construction and defense sector. Today, we have reached full import substitution. In general, the majority of products are manufactured by Ukrainian enterprises. …