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Ukroboronprom significantly increased the production of weapons and military equipment in October

Ukraine

However, the production of aviation and shipbuilding products, as well as the volume of repairs for 10 months of 2020, decreased due to the coronavirus pandemic.

Ukroboronprom significantly increased the production of weapons and military equipment in October

The enterprises of the State Concern "Ukroboronprom" by the end of 10 months of 2020 produced weapons and military equipment, and also provided services for their repair and maintenance by 14% more than in the same period last year (APPG). The total production volume amounted to UAH 25.2 billion, which is UAH 3 billion more than in January-October 2019.

The volume of manufactured products (services) of the armored industry enterprises added 80% compared to the same period in 2019 and amounted to 4.9 billion hryvnia.

The volume of production of the shipbuilding and ship-repairing enterprises of the concern increased by 77% compared to the APPG and amounted to UAH 3.7 billion.

The volume of products and services rendered at the enterprises of radar, radio communication and special instrument making increased by 2% compared to the APPG and amounted to 2.1 billion hryvnia.

At the same time, despite the fact that aircraft and shipbuilding enterprises, as well as manufacturers of high-precision weapons, increased production in October this year, by the end of 10 months of 2020, the total volume of production and repairs decreased by 7% compared to the same period.

As explained in Ukroboronprom, quarantine and late contracting significantly affected the production targets.

"The implementation of the state defense order is our priority," - said the acting General Director Igor Fomenko.

"Despite working in a pandemic, the Ukroboronprom team proves that it is capable of efficiently solving complex production problems and achieving an increase in production indicators," he added.

МЕТАЛЛУРГПРОМ
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