Business news from Ukraine

BAE Systems, one of world’s largest defense companies, has opened office in Kyiv

BAE Systems, one of the world’s largest suppliers of technological solutions in the field of defense and a manufacturer of weapons, has opened an office in Kyiv. This was announced by BAE Systems Ukraine CEO Christian Seear at the conference “Global Outlook: A Winning Vision on Wednesday.

He added that the company has set up a joint venture with a local partner, plans to repair military equipment, and later establish its own production base.

“We recently established a legal entity in Ukraine, BAE Systems Ukraine LLC, which is an operating trading company in Ukraine. We have an office in Kyiv. I’m proud to say that we are one of the first companies to do this,” said Christian Sayre.

According to him, BAE Systems is focused on moving its repair capabilities to Ukraine.

“We have a phased process in which we will do repairs on Ukrainian soil, and in the future we will move to local production. We have teamed up with a local partner to achieve this goal,” said the CEO of BAE Systems Ukraine.

He also noted that the company is “committed to creating an industrial base” in Ukraine.

BAE Systems is a global British company with subsidiaries in the United States and Sweden. The weapons supplied by the company are being used to destroy the enemy in Ukraine, including the CV90 infantry fighting vehicle, 155-mm FH77 BW L52 “Archer” multi-purpose self-propelled artillery system, M109 self-propelled howitzer, M2 Bradley infantry fighting vehicle, 55-mm Excalibur long-range precision guided rocket and BONUS precision-guided munitions.

“I’m sure many of our friends in this room have seen the enemy destroyed by these weapons,” said Christian Seear.

Earlier it was reported that the British military company Babcock opened an office in Kyiv.

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