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The British defence company BAE Systems is setting up a local entity in Ukraine and has signed deals with its government to help ramp up its supply of weapons and equipment.
Article originally published by The Guardian. Hargreaves Lansdown is not responsible for its content or accuracy and may not share the author's views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.
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01 Sep 2023
BAE said it would work directly with Kyiv to explore potential partners for a plan to ultimately produce 105mm light artillery guns in Ukraine and to better understand Ukraine’s requirements.
As the UK’s biggest defence contractor, BAE has manufactured much of the equipment that Britain and other governments have provided to Ukraine as it fends off Russia’s invasion.
Britain is a key defence supplier for Ukraine and in May became the first country to start supplying Kyiv with long-range cruise missiles.
“The best weapons that are currently helping our warriors defend Ukraine should be produced in Ukraine,” the Ukrainian president, Volodymyr Zelenskiy, tweeted after a meeting with the BAE chief executive, Charles Woodburn.
“The development of our own weapons production is a top priority.”
Zelenskiy had said in May the two sides were working on opening a BAE office in
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