Ukraine boosting its defense industries, with a little help from friends
A recent decision by the European Union to contribute some $440 million to Ukraine’s resurgent arms industry marks a significant shift in the bloc’s approach to Russia’s war against its neighbor, but also highlights the E.U. defense sector’s shortcomings in producing weapons and ammunition.
The E.U. contribution will use money taken from the windfall profits of Russian assets that have been frozen in the West. The funding comes on top of some $190 million that the Danish government is providing.
While Europe, and of course the United States, have been sending billions of dollars’ worth of weapons to help Ukraine in its battle against much larger Russia, their national defense industries — long oriented toward an international scene with fewer conflicts — have struggled to keep up with Ukrainian demand.
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