**Ukraine‘s Domestic Arms Industry Booms Amidst War Efforts**
In a significant development, Ukraine has seen an eightfold increase in cruise missile production in 2024 compared to the previous year. According to Strategic Industries Minister Herman Smetanin, this surge is part of a broader effort to bolster the country’s defense capabilities. Speaking on Ukraine’s Gunsmith Day, Smetanin highlighted the progress made since 2022, when only one type of cruise missile, the Neptune, was being manufactured.
**Ramping Up Production**
The minister revealed that Ukraine has introduced many new models in the past year, leading to a significant growth in production. He also noted that the country’s defense industry is on track to nearly quadruple its 2024 output by the end of 2025. This would result in $35 billion worth of military equipment being produced domestically. The growth is expected to be substantial, with Smetanin stating that Ukraine already foresees an increase in production this year.
**Economic Impact**
President’s Advisor Oleksandr Kamyshin emphasized the importance of Ukraine’s defense industry beyond just war efforts. He pointed out that domestic manufacturing now makes up a significant share of the country’s GDP. With victory on the horizon, Kamyshin expressed confidence that Ukrainian-made weapons will be exported to the world. This could have far-reaching economic implications for the country.
**Developing Domestic Arms Industry**
Ukraine has been rapidly developing its domestic arms industry since Russia’s full-scale invasion in February 2022. President Volodymyr Zelensky has set ambitious targets, including producing 30,000 long-range drones and 3,000 missiles. As of November 2024, the country had already produced its first 100 domestically made missiles. The focus on local production is also aimed at addressing battlefield shortages and reducing dependency on foreign supplies.
**Conclusion**
The significant increase in domestic arms production in Ukraine marks a major shift towards self-sufficiency in defense manufacturing. With the country’s defense industry expected to nearly quadruple its output by 2025, this development could have lasting economic and strategic implications. As Ukraine continues to invest in its domestic arms industry, it may be well-positioned to become a significant player in the global defense market.
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