Ukraine goals to lift over $1 billion for ‘Danish mannequin’ of protection business funding in 2025

Ukraine is planning to lift greater than $1 billion in 2025 to develop the so-called Danish mannequin of funding for Ukraine's protection manufacturing, Prime Minister Denys Shmyhal mentioned on Jan. 3.

Denmark turned the primary nation to supply to donate arms to Ukraine by way of direct purchases from the Ukrainian protection business, as Kyiv's protection finances doesn’t match the capacities of home weapons manufacturing.

Shmyhal additionally mentioned that Ukraine goals to develop its home protection manufacturing capability to $30 billion subsequent 12 months.

"The Danish mannequin of cooperation shouldn’t be solely solidarity but additionally dedication to help our battle for freedom and sovereignty," mentioned Deputy Protection Minister Dmytro Klimenkov.

Final 12 months, Ukraine produced 18 domestically-developed Bohdana self-propelled howitzers financed by Copenhagen.

Kyiv has to date acquired over 150 million euros ($156 million) in funding from Denmark, France, and Lithuania to bolster its protection business, Protection Minister Rustem Umerov mentioned in late December.

Ukraine’s largest steelmaker launches production of Patriot system armor“In a month and a half, we created a project from scratch and made a shield from Metinvest’s Ukrainian armor steel for the Patriot air defense system crew, which guarantees protection against debris damage to both the defenders and the air defense control center,” said Oleksandr Myronenko, a COO of…The Kyiv IndependentKateryna Denisova