Minister of Strategic Industries of Ukraine Outlined Prospets of Ukrainian Defense Industry in 2024

Illustrative photo from open sources
Illustrative photo from open sources

The defense sector in Ukraine tripled over the past year, and in 2024 the industry is expected to swell six times

According to the Kyiv Independent, Oleksandr Kamyshin, Minister of Strategic Industries of Ukraine , said this at the "Ukraine. Year 2024" forum in Kyiv, Ukraine, on Feb. 25.

Kamyshin added that Ukraine's defense industry also produced three times more in 2023 than it did in 2022.

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High-ranking Ukrainian officials met to discuss Ukraine’s future at the “Ukraine. Year 2024” forum on Feb. 25, one day after the second anniversary of Russia’s full-scale war.

The forum discussed achieving Ukraine’s goals in the war, developing its defense and security forces, implementing Ukraine’s peace formula, ensuring economic growth and integration into world markets, security guarantees, the status of its military-industrial complex, and protecting the lives of Ukrainians.

"Back in the Soviet Union, we had a strong defense industry, but it was neglected for decades later," Kamyshin told a Kyiv Independent reporter at the forum. "For instance, in 2021, we produced zero ammunition. In 2022, we started producing that (ammunition), but 2023 became the year where the defense industry started running on a large scale and started making an impact on the front line."

Oleksandr Kamyshin at the
Oleksandr Kamyshin at the "Ukraine. Year 2024" panel in Kyiv, Ukraine, on Feb. 25, 2024.

"The first year, we lived in a paradigm of courage. The second year – in a paradigm of irony. In the third year, it is important for us to focus on efficiency. And we are carefully counting everything we produce," Kamyshin said.

According to Kamyshin, Ukraine's defense industry is comprised of 500 enterprises dedicated to designing, repairing, manufacturing, and maintaining all required equipment. Around 100 of the enterprises are state-owned, 400 are private, and about 300,000 people are engaged in the work, he said.

"No matter how much we increase production in Ukraine, the needs of our frontline are greater than those of the U.S. and EU combined," he said.

Kamyshin also noted that Ukraine is stepping up its production of ammunition, and that ground drones will be in greater circulation in 2024.

"Last year we saw drones in the air and at sea. This year will be the year when we see them on the ground. This will be the year when you will hear more about ground robotic systems," he said.

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