Wartime Entrepreneurs: Ukraine ramps up development of homemade weapons to help repel Russia
Ukraine needs any edge it can get to repel Russia from its territory. One emerging bright spot is its small but fast-growing defense industry, which the government is flooding with money in hopes that a surge of homemade weapons and ammunition can help turn the tide. The effort ramped up sharply over the past year as the U.S. and Europe strained to deliver weapons and other aid to Ukraine, which is up against a much bigger Russian military backed by a thriving domestic defense industry. The Ukrainian government budgeted nearly $1.4 billion in 2024 to buy and develop weapons...
Read More