U.S.-based Global Ordnance signs agreement with Ukroboronprom for up to $ 500 mln

KYIV. Sept 2 (Interfax-Ukraine) – Global Ordnance (Sarasota, Florida) has signed a long-term cooperation agreement with Ukroboronprom state concern, the volume of transactions on which may be up to $ 500 million, the American company said.

"This strategic agreement will enable the government of the Ukraine to leverage Global Ordnance’s vast supply chain and manufacturing partnerships in the United States and around the world to obtain a myriad of defense items, technologies, and production capabilities that are needed to strengthen Ukraine’s military and defense industry infrastructure," Global Ordnance said on its website.

"Global Ordnance has a long-standing relationship with the Ukrainians which includes both import and export of defense articles, such as military rifles and weapon systems. The relationships for Global Ordnance include a strategic partnership with Zarya Ltd, a sophisticated energetics plant in Rubizhne, Luhansk region, for supply of TNT to the U.S. Army and other branches of the military. Additionally, Global Ordnance has reached out to other companies within the Ukrainian defense industry for support and supply of military equipment for their non-standard ammunition and weapons contracts with the U.S. Army. Global Ordnance views the cooperation as a natural expansion of a proven partnership which it is proud to support," it said.

Ukroboronprom on its website confirmed the signing of an agreement with Global Ordnance without specifying its amount, noting that during the visit of Ukrainian President Volodymyr Zelensky to the United States, cooperation agreements were also signed with Lockheed Martin Corporation and L3Harris Technologies, and their amount including Global Ordnance totaled $ 2.5 billion.