British Defense Company BAE Systems Enters the Ukrainian Market
During a meeting in Kyiv between Ukrainian President Volodymyr Zelensky and BAE Systems CEO Charles Woodburn, the parties signed agreements to establish a separate division of the company in Ukraine.
This was reported by the company's official page.
"Alongside our state customers, we discussed with President Zelensky and his team how to best develop the support we are already providing to Ukraine. The signing of agreements and the establishment of a legal entity in Ukraine are based on our existing trust and support and pave the way for our joint work to provide more direct support to the Ukrainian armed forces",- said Charles Woodburn.
In addition, the company announced that the first of the signed agreements "opens the way" for cooperation with the Ukrainian Armed Forces and aims to support them at all structural levels and develop the Ukrainian defense industry.
The second agreement "creates the foundation for direct cooperation between BAE Systems and Ukraine" and aims to seek future potential partners for the production of 105mm light howitzers directly in the country.
In turn, Volodymyr Zelensky thanked the company for its visit and the decision to establish its representation in Ukraine.
"We highly appreciate it when private companies open their offices in our country, especially in such times. First and foremost, this is a very important signal of support for our people, Ukrainian citizens",- emphasized Volodymyr Zelensky.
President Zelensky stressed that weapons produced by BAE Systems, including L119, M777, and CV90 BMP, are already helping Ukraine move closer to victory and receive positive feedback from Ukrainian military personnel.
According to Zelensky, Ukraine aims to become a co-creator of a new European and global defense system, which is why the Ukrainian state seeks to engage as many leading defense companies as possible.
It is worth noting that in July of this year, the German plant for the production of armored vehicles and ammunition, Rheinmetall, announced its intentions to establish its own plant in Ukraine. In addition, the company committed to train Ukrainian military personnel in operating tanks and armored vehicles produced at the plant.