Much of the income will go to the manufacture of weapons, expanding its production and relocation.
In 2024, the Ukrainian defense industry earned 1.309 billion UAH. This was announced the day before the company’s press service.
“Part of the integrated net profit will be paid to the state’s budget as dividends, and a large amount will be sent to funding of weapons, expanding its production and relocation, creating new capacities,” the message said.
It is also noted that in general, last year, the Ukroboronprom increased the manufacture three times compared to 2023, and a contracting volume of 36%. At the same time, part of the new or modern military weapon and equipment in 2024 was 96%.
Remember, Ukroboronprom will create a joint adventure with French Thales. It specializes in creating advanced technological solutions to strengthen air defense, radars, meaning rab, tactical communication and optical-electronic systems.
Ukraine began to make machine guns under the Czech license
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.