In 2024, the government invested more than UAH 39 billion in arms production, which increased the capacity of the domestic defense industry sixfold.
In 2024, the government invested more than UAH 39 billion in arms production, which increased the capacity of the domestic defense industry sixfold.
This was reported by the government’s press service in its infographic.
Among the successes of the defense industry, the government, in particular, highlights the launch of a preferential lending program for defense manufacturers at an interest rate of 5%, provided that the state covers the rest.
Another success of the defense industry is the launch of the Zbroyari campaign to finance arms production, which, thanks to international partners, managed to raise $1 billion.
The government also called the launch of the free Iron Range service for arms manufacturers another success in 2024.
The country’s leadership has recently announced that domestic defense companies plan to increase their existing production capacities to $30 billion.
At the same time, President Volodymyr Zelenskyy instructed to produce at least 30,000 long-range drones, as well as about 3,000 cruise missiles and drone missiles.
