1/11/2024 – Ukraine producing more drones than state can purchase, minister says

From Reuters

Perfect opportunity here for the EU to buy the drones for Ukraine. Doesn’t eat into existing Western inventories and helps bolster Ukrainian industry while keep the wartime skies competitive:

A Ukrainian serviceman launches a reconnaissance unmanned aerial vehicle near a frontline, amid Russia’s attack on Ukraine, in Donetsk region, Ukraine July 6, 2023. REUTERS/Sofiia..

KYIV, Jan 9 (Reuters) – Ukrainian manufacturers have ramped up output of Unmanned Aerial Vehicles (UAVs) to the extent that Kyiv’s current drone procurement budgets are not sufficient to buy everything being produced, Ukraine’s technology minister said on Tuesday.

Mykhailo Fedorov, a deputy prime minister who also handles the digital brief, has championed the use of drones to fight off the Russian invasion since its early days.

“As of today, the market has accelerated much faster than the amount of money to buy all the UAVs,” Fedorov told Ukrainian national television.

“Therefore we need to increase financing and open up markets further, so that prices fall thanks to competition and localisation of part (production) begins,” he said.

UAVs have been widely used by both Ukraine and Russia in the 22-month war, providing armies with constant eyes in the sky and allowing them to destroy into targets hundreds of times the drone’s value, such as air defence systems and advanced radars.

Continue Reading

One response to “1/11/2024 – Ukraine producing more drones than state can purchase, minister says”

Leave a reply to Anonymous Cancel reply