Home Business News Ukraine produces more ‘missiles’ and will increase production of ‘explosives and gunpowder’

Ukraine produces more ‘missiles’ and will increase production of ‘explosives and gunpowder’

by LLB political Reporter
27th Dec 23 5:25 pm

During 2023 Ukraine has produced “three times more weapons” and President Volodymyr Zelensky has pledged to increase investment in the production of gunpowder.

Speaking at a meeting with representatives of the defence industry President Zelensky said that there has been a “significant increase” in the production of “ammunition” for artillery.

He said, “This year alone, thanks to you and everyone working in our defence sector, we have managed to produce three times more weapons and equipment than in the past.”

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He added, “there is a very significant increase in the production of ammunition, in particular for artillery.

“At the systemic level, Ukraine is developing the production of such extremely necessary things as ammunition for our domestic drones. Important results in the production of our rockets.

“The quantity and quality indicators for missiles are already significantly greater and will be even greater.”

Zelenskyy said “the share of private companies in our defence complex is constantly growing.

“Already 45 defence industry companies are not state-owned companies. And we must increase the use of this power, one of the main forces of human nature – the power of entrepreneurship.”

President Zelensky said that there is “currently 300,000 men and women” who are part of the Ukrainian defence complex.

He said, “we are simplifying all procedures from the import of components to the procedure for authorization for operation. The government is working to secure funding for long-term contracts.

“Special attention is paid to the production of explosives and gunpowder. This is a matter of special chemistry. It is truly extremely difficult.

“And not only for us, but also for the majority of the world. There is a shortage everywhere today. Investments in this area are especially needed, and we will increase them.”

Zelensky said Ukraine has agreed with some of the leading states and companies around the world on joint production.

He added, “Currently, 300,000 men and women are involved in our defence complex. I am grateful to them all.”

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