(OTTAWA, CANADA) – Trade negotiations between Canada and the United States are focusing on all strategic sectors, including autos, as the 19 August deadline approaches for a new wave of American tariffs, Prime Minister Mark Carney has said. Mr Carney said he wants all Section 232 tariffs to be addressedContinue Reading
(TAUFKIRCHEN, Germany) – German defence electronics group Hensoldt has seen its order book pass the €10 billion mark for the first time, driven by a doubling of new contracts in the first half of 2026. The milestone reflects a rapid translation of higher European defence budgets into firm industrial orders.Continue Reading
(KYIV, Ukraine) – A free trade agreement between Ukraine and Turkey has moved into force after President Volodymyr Zelensky signed the ratification law. The deal opens direct access for Ukrainian businesses to one of the region’s largest consumer markets and sets new rules for manufacturing and export logistics. The agreementContinue Reading
(MOSCOW, RUSSIA) – Ukrainian drone strikes have disabled more than 30% of Russia’s actual oil refining capacity and 45% of its nominal capacity, triggering the country’s worst modern fuel crisis, according to an analysis by the British newspaper Financial Times based on satellite imagery, refinery layouts, photographs and thermal infraredContinue Reading
(KYIV) – Ukraine’s Foreign Intelligence Service said Russia has officially scaled back its ambitions to replace foreign electronic components, describing the move as an acknowledgement that the programme has fallen short of its original objectives. According to the agency, the Russian government has reduced its target for the share ofContinue Reading
(MOSCOW) – Operations at the Ryazan oil refinery, one of Russia’s largest, have been suspended following a drone strike, with the shutdown expected to last up to two weeks, industry sources have told Reuters. The facility halted processing on Wednesday after the attack, according to a source cited by theContinue Reading
(KYIV, UKRAINE) – Ukraine’s defence industry has secured more than 10 billion hryvnias or $271.7 million (USD) in subsidised loans through a state support programme, providing manufacturers with funds to expand production and modernise military equipment. The total of 167 loans represents a significant injection of capital into a sectorContinue Reading
(BRUSSELS) – Russia’s military industrial complex will depend on imports of strategic minerals until at least 2035, leaving its defence production open to external economic pressure, according to a new report by the Economic Security Council of Ukraine. The study finds that despite holding the world’s largest reserves of mineralContinue Reading
(KYIV, UKRAINE) – Ukraine’s long range Flamingo cruise missile costs six times less than the American Tomahawk, the head of manufacturer Fire Point has said, as the country rapidly expands its domestic precision strike capability. Each Flamingo missile carries 1,150 kilogrammes of explosives, enough to penetrate concrete walls, and isContinue Reading
(WASHINGTON, DC) – Ukrainian defence technology firm UForce has signed an agreement with American shipbuilder ReconCraft to manufacture Magura maritime drones in the United States. The deal was formalised at the Ukrainian embassy in Washington and marks the first time the Ukrainian government has officially approved production of the MaguraContinue Reading
