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Ukraine aims for mass drone production despite ongoing attacks

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7 months ago

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Ukraine is determined to increase its drone production to tens of thousands every month by the end of the year.

Despite the ongoing challenges posed by Russian attacks, according to the Minister for Strategic Industries. Drones have become a vital component in the Russia-Ukraine conflict, employed extensively by both sides for reconnaissance and offensive operations. To bolster their efforts, Kyiv has focused on ramping up production, albeit relying heavily on foreign-made drone engines.

Oleksandr Kamyshin, the minister overseeing Ukraine’s defence industry, revealed these ambitious plans at a NATO Industry Forum held in Stockholm. Although precise current production figures were not disclosed, Kamyshin suggested that the number was currently in the thousands per month. He stated, “By the end of this year, it would be dozens of thousands a month. And that’s something we grow even faster than conventional warfare ammunition and warfare weapons.”

As the war persists, Ukraine seeks to increase local manufacturing of various military equipment and munitions to ensure a stable and swift supply chain. Russian drone and missile attacks across the nation pose an additional challenge.

Kamyshin emphasised their progress in producing munitions: “Speaking about shells, for instance, we produce times more now than for the whole of last year.” He added that they had developed a model for production that could continue even under enemy shelling.

In addition to their domestic efforts, Ukrainian officials hope to collaborate with Western arms producers to reinvigorate their arms industry and boost their economy. Kamyshin revealed a surge of interest from Western defence companies and announced a joint venture with German arms manufacturer Rheinmetall, paving the way for future partnerships and local production facilities.

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Why Australia is becoming the new home of the Hollywood blockbuster

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2 hours ago

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May 17, 2024

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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7 hours ago

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May 17, 2024

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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12 hours ago

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May 17, 2024

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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