Ukraine and Finland sign €300 million defence deals

Delegations from Ukraine and Finland, which included government officials and representatives of defence companies, signed seven cooperation documents. Three of them relate to the defence industry, according to a statement from Ukraine’s Ministry of Defence.

The new package is worth around €300 million in total: €200 million under the Drone Deal initiative and €100 million under the Build with Ukraine programme. The Drone Deal itself was signed in September.

“Our drone production capacity is several times higher than it was last year. Let’s use that potential to expand joint production,” President Zelensky added.

Beyond the signings, the delegations discussed the development of joint projects. The Ministry of Defence says that in August alone, Ukrainian and Finnish defence companies signed three documents on the production of UAVs, UGVs and USVs.

Defender has reported on a number of other partnerships between Ukrainian and Finnish defence tech companies. Here are some of them:

• Tencore to set up joint venture with Finland’s Insta to produce UGVs
• General Cherry and Finland’s Patria plan to produce drones together
• Airlogix and Innokas to manufacture drones in Finland

Ukraine’s Ministry of Defence is also working with Finland’s ICEYE and Nokia on a sovereign satellite communications system for Ukraine. ICEYE also provides Ukraine with radar data from synthetic aperture radar (SAR) satellites.