KTP manufactured and repaired nearly 80 armored vehicles / Photo by UNIAN
Kyiv Tank Plant, which is part the State Concern Ukroboronprom, has manufactured and repaired nearly 80 armored vehicles in 2015, planning to increase this amount to 200 units, according to Ukroboronprom’s press service citing the plant’s director Vladyslav Lysytsya.
"This year we have been able to increase productivity significantly. By the end of the year we plan to produce 200 units of military hardware," said the director.
According to the report, the cash equivalent of the armored vehicles renovated this year amounted to UAH 164.4 million.
Read alsoUkroboronprom deputy chief: Javelins are a myth from action moviesAs UNIAN reported earlier Lysytsya announced plans to increase production by four times.
In H1 of 2015, Ukroboronprom produced 797 units of military equipment. In September, the Ukroboronprom’s management announced the start of mass production of Dozor-B armored vehicles at Lviv Tank Plant.
UNIAN memo. State-run conglomerate Ukroboronprom was established in 2010 to ensure effective operations and management of state-owned business entities that develop, manufacture, sell, repair, modernize and scrap weapons, military and special equipment and ammunition, and participate in the military-technical cooperation.