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    Home > Finance > Ukrainian arms producers receive first wartime export licences, Kyiv says
    Finance

    Ukrainian arms producers receive first wartime export licences, Kyiv says

    Published by Global Banking & Finance Review®

    Posted on February 12, 2026

    2 min read

    Last updated: February 12, 2026

    Ukrainian arms producers receive first wartime export licences, Kyiv says - Finance news and analysis from Global Banking & Finance Review
    Tags:innovationPresidentinvestment

    Quick Summary

    Ukraine has issued its first wartime export licenses to arms producers, aiming to expand its defense industry amid the ongoing conflict with Russia.

    Table of Contents

    • Ukraine's Defense Sector Expansion
    • Details on Export Licenses
    • Growth of UAV Production
    • Investment and Export Strategy

    Ukraine Grants First Wartime Export Licenses to Arms Producers

    Ukraine's Defense Sector Expansion

    By Max Hunder

    Details on Export Licenses

    KYIV, Feb 12 (Reuters) - Ukrainian arms producers have received the first wartime licences to export their goods abroad, the secretary of Kyiv's national security and defence council said on Thursday.

    Growth of UAV Production

    Kyiv recently took the politically sensitive decision to export weapons while it fights a war against Russia as it seeks funds to expand its domestic defence industry and tries to use its innovative weapons as diplomatic leverage to strengthen its alliances.

    Investment and Export Strategy

    In a statement on social media, Rustem Umerov did not specify how many enterprises had received a license but said Ukraine's annual production capacity in the sector exceeds $55 billion. Umerov said the interdepartmental government commission which approves arms exports had already held its first meeting in eights months.

    Since it was attacked by Russia in February 2022, Ukraine's defence sector has boomed, and now comprises more than 100 companies, most of them new private sector enterprises.

    President Volodymyr Zelenskiy said recently Ukraine has 450 drone producers; small and cheap Unmanned Aerial Vehicles (UAVs) are now responsible for a majority of strikes on battlefield targets.

    "In the areas of UAVs, electronic warfare and reconnaissance, our capabilities already exceed the volume of domestic procurement," Umerov wrote. "Coordinated exports allow us to attract investment, scale up production and launch new technologies for the Ukrainian army."

    (Reporting by Max Hunder, adiditonal reporting by Yuliia Dysa; Editing by Daniel Flynn)

    Key Takeaways

    • •Ukraine grants first wartime export licenses to arms producers.
    • •Kyiv aims to expand its defense sector amid war with Russia.
    • •Ukraine's defense production capacity exceeds $55 billion annually.
    • •Over 450 Ukrainian companies now produce drones.
    • •Export strategy aims to attract investment and scale production.

    Frequently Asked Questions about Ukrainian arms producers receive first wartime export licences, Kyiv says

    1What are Unmanned Aerial Vehicles (UAVs)?

    Unmanned Aerial Vehicles (UAVs), commonly known as drones, are aircraft that operate without a human pilot on board and are often used for surveillance and military operations.

    2What is the defense sector?

    The defense sector encompasses industries and organizations involved in the development, production, and support of military equipment and services.

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