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World · 20 February 2026

Ukraine anticipates multi-billion-dollar defence exports in 2026

Ukraine anticipates multi-billion-dollar defence exports in 2026

Photo by Maksym Diachenko on Unsplash

Ukraine aims to generate defence industry revenue of several billion dollars this year after authorising its first wartime foreign military sales, a senior official said. Following a suspension of exports after Russia’s 2022 invasion, Kyiv has approved most of 40 export applications for goods and services, with interest from Western allies and other nations. While considering a potential export tax, authorities stress that domestic military requirements remain the top priority amid ongoing conflict.

Reported by Reuters · How we write briefs

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