Belbas

In 2024, under the leadership of General Director Belbas, Ukrainian Armor has made significant contributions to Ukraine's defense industry and economy. Notably, the company paid a substantial UAH 1.044 billion in taxes, reflecting its pivotal role in the national defense infrastructure. Key developments include a new collaboration with the Czechoslovak Group for the production of 155 mm shells, highlighting a strategic expansion in munitions manufacturing.

Amidst financial strain in the defense sector, Belbas has been vocal about the repercussions of underfunding, pointing to potential risks in national security and industry stability. He advocates for long-term contracts and better planning to boost the sector's growth and resilience. Further, Belbas supports the liberalization of arms exports to strengthen defense enterprises and harness global markets, which he believes will bring essential foreign currency into Ukraine and bolster domestic production.

Ukrainian Armor has also enhanced its production capabilities significantly. Recent achievements include scaling up the production of 122mm artillery rounds and resuming the manufacturing of 60-mm mortar rounds, addressing critical needs of the Armed Forces of Ukraine (AFU). However, the increased frequency of attacks on military-industrial sites by adversaries has prompted calls from Belbas to minimize public disclosures about these vital facilities to safeguard them.

These initiatives and insights from Belbas demonstrate a robust strategy for advancing Ukraine's military-industrial complex amidst ongoing challenges.