Spetstechnoexport

State Foreign Trade Enterprise «SpetsTechnoExport» is fully state-run Ukrainian entity focused on export-import activities at foreign armaments markets.[1]

The State Foreign Trade Enterprise "SpetsTechnoExport"
TypeState Enterprise
IndustryArms Industry
Headquarters
Kyiv
,
Ukraine
Key people
Pavlo Barbul (Director)
OwnerGovernment of Ukraine
ParentUkroboronprom
Websitespetstechnoexport.com

The company was established by the Government of Ukraine in July 1998.[1] In 2010 it was incorporated to the State Concern Ukroboronprom.[2]

The company is managed by Pavlo Barbul, who took this position in February 2015.

The company specializes on export and import of weapons, military products and technologies as well as special purpose equipment.[3] Estimating the gross income and foreign exchange flow in the country, SpetsTechnoExport is the second largest special exporter in Ukraine.

SpetsTechnoExport has had deals with India, Algeria,[3] Indonesia,[4] Malaysia, Bangladesh.[3]

One of its most important contracts was a $400 million deal with the Indian Ministry of Defense to provide 40 Ukrainian AN-32RE. aircraft. In November 2015 it handed over the final batch to Indian Air Force.[5]

New dimensions

In 2015, the company announced its cooperation with US, Canadian, European and Turkish companies.

Since 2014 the company has been supplying the spare parts to Ukrainian factories outside Ukraine. It has also been modernizing Soviet-style armored vehicles.

SpetsTechnoExport has produced Ukrainian military drones. In 2015 “SpetsTechnoExport” presented 5 domestically produced models of drones systems to the President of Ukraine - «Patriot RV010», «Observer-S», «A1 With Fury», «Columba» and «Sparrow».[6] The company also became the first to obtain the license to import US military equipment to Ukraine.

Mission
  • Strengthening the credibility of Ukraine abroad as a country with a high technological potential.
  • Improving the quality of the Ukrainian army weapons.
  • Boosting investments in creation of new samples of weapons and military equipment in Ukraine.

References
  1. "Moscow Defense Brief". mdb.cast.ru. Retrieved 2015-12-30.
  2. "Sending weapons to Ukraine without clear plan will only increase bloodshed". International Business Times UK. Retrieved 2015-12-30.
  3. "Defense Express News - MODERNIZATION OF THE UKRAINIAN MILITARY AND TECHNICAL COOPERATION SYSTEM". www.defense-ua.com. Retrieved 2015-12-30.
  4. "SpetsTechnoExport of Ukraine awarded contract to supply 5 BTR-4 8x8 armoured to Indonesia 2401143 | January 2014 Global Defense Security news industry | Defense Security Global news Industry army 2014". www.armyrecognition.com. Retrieved 2015-12-30.
  5. "Ukraine delivers final batch of upgraded and overhauled An-32RE to India". SP's Aviation. 30 November 2015. Retrieved 30 December 2015.
  6. "September 2015 Archives | Compass Blog | RealClearWorld". www.realclearworld.com. Retrieved 2015-12-30.
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