This year the Joint Stock Company “Ukrainian Defence Industry” (Ukroboronprom) consolidated its standing by placing 49th in the annual TOP 100 Defense Companies 2025 ranking.

The ranking was compiled based on companies’ performance in 2024. The company’s revenue exceeded $3 billion, an increase of 36.3% compared to 2023.

“Behind this figure stands the work of more than 56,000 weapons-makers, and I thank each of you for this result. At the same time, we all understand that this is still not enough. So every day we work to increase the production of weapons and military equipment for the Ukrainian armed forces,” said Ukroboronprom’s CEO Herman Smetanin.