Contents tagged with Ukroboronprom

  • Ukraine aims to increase arms exports fivefold by 2025

    Ukraine plans to grow its arms exports to $2 billion by 2025, Aivaras Abromavicius, chairperson of the advisory board of the Ukrainian state-owned defense conglomerate UkrOboronProm, told Censor.net in an interview.

    “In exports we have set ourselves an ambitious goal – to grow by a factor of five by 2025. The world arms market is nearly $2 trillion per year. We want to export $2 billion per year,” he said.

    According to him, the most promising areas for military exports are the aircraft and …

  • Ukrainian parliament considers unbundling defense conglomerate Ukroboronprom

    A bill calling for the unbundling of the Ukrainian state-owned defense conglomerate Ukroboronprom has been registered in the Verkhovna Rada, Ukraine’s parliament.

    Submitted on 24 April, Bill No. 10248 is endorsed by a number of MPs, including Serhiy Pashynskyi, Ivan Vinnyk, Tetiana Chornovol, Vadym Kryvenko, Andriy Levus, Andriy Teterev and Yuriy Bereza.

    The bill proposes several amendments to the law “On the nature of governance of state-owned facilities in the defense industry sector”, …

  • Ukraine is developing new weapons for military helicopters

    The director general of the Ukrainian defense concern Ukroboronprom, Pavel Bukin, during his visit to the Motor Sich enterprise in Zaporizhia, announced the Ukroboronprom subsidiaries have developed gyro-stabilizing platforms, which are integrated in the Barrier missile control system used in Mi-type combat helicopters, reports  Ukroboronprom’s press service.

    “Zaporizhia enterprises have now developed a program to create Ukrainian combat helicopters.

     I am convinced that in close cooperation …

  • Ukrainian court orders Ukroboronprom to pay 5 million rubles to Russian MiG corporation

    The Economic Court of the Khmelnytskyi region supported the Russia in a dispute between the Krasilovsky Aggregate Plant (part of the Ukrainian state concern Ukroboronprom) and the Russian Aircraft Corporation MiG, reports Ukroboronprom’s press service.

    The court fully satisfied the Russian company’s claims and ordered payment of more than 5 million rubles from the Ukrainian state concern to the MiG corporation, which is one of the main companies of the Russian military industry.

    “On April 18, …

  • Poroshenko denies complicity in Ukraine's defense industry corruption

    In an interview with Radio NV, Ukrainian President Petro Poroshenko emphasized that he was not part of the recently uncovered corrupt schemes in Ukraine’s state-owned defense industry company Ukroboronprom.

    “I emphasize that President Petro Poroshenko has not been involved in any corrupt schemes. I assert and emphasize this. I was not aware of any corrupt schemes. And I tell you this today with a completely clean conscience, and I can honestly look even the law enforcement organs in the eye,” …

  • Ukraine completes field testing of domestically produced counter-battery system

    The 1L220UK counter-battery radar, developed by the Scientific Production Complex “Iskra” (part of the Ukrainian state-owned defense concern Ukroboronprom), has successfully passed government field testing, Ukroboronprom announced on its website.

    “The tests performed at one of the training grounds of the Armed Forces of Ukraine made it possible to confirm the tactical and technical characteristics of the 1L220UK, which significantly outstrip those of the counter-battery radars currently in the …

  • Ukrainian President Poroshenko orders polygraph test for Ukroboronprom leadership after corruption scandal

    Ukrainian President Petro Poroshenko has instructed the Cabinet of Ministers to have the leaders of the state-owned defense concern Ukroboronprom take polygraph tests, the president’s press service reported on Tuesday.

    The decision was made by Poroshenko during a meeting with Oleksandr Turchynov, Secretary of the National Security and Defense Council, and his deputy Serhiy Kryvonos.

    “We ask the government to ensure that a polygraph test is organized for all of the leaders of the state concern …

  • Ukraine develops electromagnetic weapon

    The Ukrainian state enterprise Spetstechnoexport, which is a subsidiary of the state defense concern Ukroboronprom, announced that Ukraine has developed and begun production of an electromagnetic weapon designed to destroy various types of military radio-electronic devices, including power supplies and data transmission systems.

    Development of this technology was made possible through foreign investments. Between 2014-2015, Spetstechnoexport looked for foreign partners who would be willing to …

  • President Poroshenko begins to reform Ukraine’s defense procurement system after corruption scandal

    Ukrainian President, Petro Poroshenko, signed a decree enacting the decision of the National Security and Defense Council of Ukraine( NSDC) "On the reform of the military-industrial complex and increasing the level of transparency in the implementation of the state defense order," reports the press service of the President of Ukraine.

    The decision was made because of “the need to strengthen the role of domestic defense enterprises <...> in fulfilling the tasks of providing security and defense …

  • Ukrainian President wants Ukroboronprom audited by 'Big Four' accounting firms

    Ukrainian President Petro Poroshenko wants to have the Ukrainian state defense concern Ukroboronprom audited by one of the “Big Four” accounting firms – Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers.

    “The audit, in order to ensure that our international partners also trust it, should preferably be done by one of the four world-renowned auditing companies. With others there is a lower level of trust,” he told ICTV in an interview.

    Poroshenko also noted that the Ukrainian state …