Exports of arms and dual-and special-purpose products by state-run Ukroboronprom Concern in 2016 grew by 25% from 2015, to $756 million.
These figures were announced by Ukroboronprom Deputy Director Denys Hurak at a forum on cooperation between the defense industry and small and medium-sized businesses n Kyiv on Monday.
The concern's state-run enterprises concluded contracts on arms exports last year to the tune of $1.45 billion, he said.
Arms exports contracted in 2014-2016 are estimated at $3.8 billion, he said.
Ukroboronprom, which was created in 2010, in keeping with a presidential order, presently incorporates over 130 enterprises of the Ukrainian military-industrial complex, including state-run arms export and import firm Ukrspecexport and its subsidiaries.
Advertising
Advertising
MORE ABOUT
Ukrainian Defense Industry begins cooperation with leading European manufacturer of missile systems
19:14, 20.02.2024
Ten more Ukroboronprom enterprises to be corporatized as part of defense industry reform
14:08, 05.02.2024
General Director of Ukroboronprom: Earlier we ask for complete ammunition, in rounds, now we producing number of items ourselves
15:15, 02.10.2023
Ukroboronprom state concern reorganized into JSC Ukrainian Defense Industry
09:48, 29.06.2023
Herman Smetanin appointed Director General of JSC Ukrainian Defense Industry
11:38, 28.06.2023
LATEST
New EU sanctions will apply to supplies of manganese ore and aluminum oxide to Russia – Latvian authorities
21:07, 03.05.2024
NBU lifts restrictions on import of works, services; introduces other currency concessions
21:01, 03.05.2024
Ukrainian coal could be exported due to shutdown of Centerenergo in Russian heavy shelling – Minister of Energy
19:26, 03.05.2024
NBU requires Getin Holding to sell Idea Bank within six months
10:09, 03.05.2024
DIM company accredits houses under construction in eOselia program