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Ukraine's PM says Ukrainian market ready to produce over 1 million drones

Monday, 4 March 2024, 14:25
Ukraine's PM says Ukrainian market ready to produce over 1 million drones
Stock photo: getty images

Businesses and the market in Ukraine are ready to produce over a million UAVs. The government has allocated about UAH 40 billion (roughly US$1,04 billion) to set up this production.

Source: Ukraine's Prime Minister Denys Shmyhal at the annual summary press conference on the results of the government's four years of work

Details: "We took quite substantial steps in 2024 to strengthen our domestic arms production. The president set a goal of 1 million drones [to be produced]. We understand that business and the market in Ukraine are ready to produce over a million UAVs. We will certainly acquire everything that our business can produce in order to supply it to our Defence Forces," Shmyhal noted.

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The prime minister stressed that additional resources have been allocated for drones’ production. 

Shmyhal added that the government is now allocating substantial funds to procure domestically-made weapons. The goal is to use 50% of the funds earmarked for purchasing weapons and military equipment to procure them from Ukrainian manufacturers.

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