Ukraine may form joint ventures with allies to boost defences against ballistic missiles
Published by Global Banking & Finance Review®
Posted on February 27, 2026
2 min readLast updated: February 27, 2026

Published by Global Banking & Finance Review®
Posted on February 27, 2026
2 min readLast updated: February 27, 2026

Ukraine is weighing joint ventures with allies to build counter-ballistic air defences as Patriot PAC-3 interceptor stocks run critically low. The push reflects both battlefield urgency and an industry reality: PAC-3 output is rising, but demand from Ukraine and other theaters continues to strain su
KYIV, Feb 27 (Reuters) - Ukraine is considering forming consortia with its allies to build air defences capable of downing ballistic missiles and overcome a critical deficit of munitions for U.S.-made Patriot systems, its defence minister said.
Patriot systems have been an important part of Ukraine's efforts to defend its skies against Russian ballistic missiles, which fly faster than the speed of sound and cannot be intercepted by Ukraine's other air defence systems.
Stocks of the Patriot system's PAC-3 missiles have been running "critically" low, Defence Minister Mykhailo Fedorov said.
"Ukraine has significant potential to independently produce counter-ballistic systems and missiles," Fedorov told reporters this week, adding that air defences had been his main focus since he took office in mid-January.
President Volodymyr Zelenskiy has repeatedly criticised delays by Ukraine's allies in providing Patriot missiles and other air defences since Russia's 2022 invasion, and said that at one point in January several systems had run out of ammunition.
Fedorov said he had discussed the idea of creating joint air defence ventures with Zelenskiy. Reuters could not determine whether discussions have already taken place with allies or which of its allies Kyiv has in mind.
"This requires a dedicated project - the mathematics is complex and requires time. But Ukraine must develop its own capabilities," Fedorov said.
(Reporting by Max Hunder, Editing by Daniel Flynn and Timothy Heritage)
To build air defences capable of downing ballistic missiles and to overcome a critical deficit of munitions for U.S.-made Patriot systems.
Defence Minister Mykhailo Fedorov said stocks of the Patriot system's PAC-3 missiles have been running critically low.
Patriot systems help defend against Russian ballistic missiles, which fly faster than the speed of sound and cannot be intercepted by Ukraine's other air defence systems.
Fedorov said Ukraine has significant potential to independently produce counter-ballistic systems and missiles.
Reuters could not determine whether discussions have already taken place with allies or which allies Kyiv has in mind, though Fedorov said he discussed the idea with President Volodymyr Zelenskiy.
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