The Swedish company Saab plans to set up production in Ukraine to support the development of the country's independent defense capability.
This was reported by Reuters, citing Saab CEO Micael Johansson.
According to Johansson, he sees potential for cooperation with Ukrainian companies regarding drones capabilities. He also mentioned that Ukraine could serve as a supplier of munitions components and contribute to the advancement of sensor technology.
"We have to help Ukraine build sovereign capacity and capabilities, so we need to have partnership with Ukrainian industry in Ukraine and also Ukrainian industry that has moved outside of Ukraine," he said.
Johansson said that the arms industry is moving from donation-based aid to a direct partnership with Ukraine.
"I think we are sort of in a movement of going from having countries donating things to Ukraine, which will continue, of course, to having us as an industry delivering directly to the MoD (Ministry of Defense) and the defense forces in Ukraine, which has not happened completely yet, but it's starting to happen," he commented.
The CEO added that they are in talks with a couple of companies about "how to set up local production", but the deal has not yet been finalized.
Saab is a Swedish company specializing in aircraft construction, aerospace equipment and military electronics.
