The Ukrainian Minister of Defense Stepan Poltorak announced on Facebook that during an official visit to Israel a memorandum of cooperation between Ukraine and Israel was signed. This memorandum includes the development and modernization of weapons from Elbit Systems Ltd.
“Cooperating with the Israeli company and partner will allow us to improve the capabilities of our Armed Forces,” said Poltorak.
According to the minister, the Ukrainian side got acquainted with advanced defense technologies from the company Elbit Systems.
Elbit Systems Ltd develops and modernizes various forms of weaponry: UAV, avionics, radar, guidance systems in artillery and missile technology. This is the largest private defense company in Israel. This company is also involved in the development of space intelligence satellites.
As previously reported, Ukraine and Israel signed an agreement on a free trade zone between the two countries in Jerusalem. Thus, import duties for about 80% of Ukrainian industrial goods will be canceled.