Ukraine plans to produce 100-km-range air defence systems
Ukraine has set out plans to produce air defence systems capable of intercepting aerial threats at a distance of 100 km, according to Deputy Defence Minister Ivan Havryliuk.
Ukraine has set out plans to produce air defence systems capable of intercepting aerial threats at a distance of 100 km, according to Deputy Defence Minister Ivan Havryliuk.
Havryliuk said that next year, Ukraine will focus on producing air defence systems of the Koral type with a range of more than 100 km, along with portable anti-aircraft missile systems, reports Xinhua news agency.
In 2024, Ukraine will allocate a total of $4.8 billion for the purchase of missiles and ammunition amid the raging war with Russia, Havryliuk said.
Developed by the Luch Design Bureau, the Koral is an anti-aircraft missile capable of destroying airplanes, helicopters, cruise missiles, ballistic missiles and unmanned aerial vehicles.
The prototype of the Koral missile was first unveiled to the public in 2021.
Currently, Ukraine relies mostly on foreign air defense systems to protect its skies from missiles and drones.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Top 7 ETFs With Highest Returns in 1 Year: No. 1 ETF has turned Rs 8,78,787 investment into Rs 13,95,091; know how others have fared
Rs 1,000 Monthly SIP for 40 Years vs Rs 10,000 Monthly SIP for 20 Years: Which can give you higher corpus in long term? Calculations inside
Power of Compounding: Rs 5 lakh lump sum investment in 3 flexi schemes has grown to at least Rs 15.5 lakh in 5 years; see list
Latest SBI Senior Citizen FD Rates: How much senior citizens can get on investments of Rs 5,55,555, Rs 7,77,777, and Rs 9,99,999 in Amrit Vrishti, 1-, 3-, and 5-year FDs
Power of Rs 3,000 SIP: In how many years, Rs 3,000 monthly investment can generate corpuses of Rs 2 crore and Rs 3 crore? Know here
12:59 PM IST