Lack of money and attacks of the Russian Federation: why weapons production in Ukraine slows down - media

According to journalists, many owners of such businesses have invested their own money. Some also carry the production site every three months so as not to hit the Russians. Ukrainian weapons production, which appeared after the start of a full -scale invasion of the Russian Federation, are looking for funding and fearing to become the purpose of missile attacks of the occupiers. Reuters writes about it. According to journalists, many owners of such businesses have invested their own money.

Some also carry the production site every three months so as not to hit the Russians. Now they urge the Ukrainian government to reduce excessive bureaucratic red tape around weapons. In addition, according to the material, some want them to be allowed to export products, because the government cannot buy everything that is produced. According to the Minister of Strategic Branches of Ukraine Oleksandr Kamyshyn, the potential annual production of the defense industry is now $ 18-20 billion.

However, it is reported that the Government of Ukraine does not have enough money. It can finance only part of this amount. According to the Ministry of Strategic Industry, the number of defense producers in Ukraine increased more than twice after the invasion of the Armed Forces of the Russian Federation. There are currently about 400 private enterprises and 100. However, the latter, as before, provide most of the production capacity.

The material states that in order to solve the problem of lack of funds, Ukraine asks foreign partners to finance its defense production. Manufacturers say they try hard to find money. The problem is complicated by the public procurement process, which, as they complain, is slow and burdensome. Vladislav Belbas, CEO of "Ukrainian Armored vehicles" stated that the Ministry of Defense plays orders only for the current year, which limits the ability to plan for the long term.

As the source in the government told reporters, private investments in such projects are unevenly distributed. Yes, more investments are made in the production of drones, and inserting in artillery shells there is little interesting. Recall that CIA Director William Burns sharply warned that Ukraine could lose war by the end of 2024 if the United States did not assist.