Daily Newsletter

29 August 2023

Daily Newsletter

29 August 2023

Finland to send additional defence material to support Ukraine

The defence materiel capabilities under this package carry a replacement value of about €94m.

Soumya Sharma August 28 2023

The Finnish Government has decided to deliver additional defence material package to support and strengthen defensive capabilities of the Ukrainian Armed Forces.

The government’s proposal of a new material package received final approval from the Republic of Finland’s President Sauli Niinistö on 25 August 2023.

This will be Finland’s 18th defence materiel and assistance package to be delivered to Ukraine.

The replacement value of the defence materiel capabilities included under the latest package is estimated to be approximately €94m ($101.7m).

With the addition of latest package, the total replacement value of all the defence materiel packages delivered by Finland to Ukraine has further increased to around €1.3bn.

The Finnish government and Ministry of Defence (MoD) have not provided the additional details or delivery timeline of this package, due to various operational reasons and to ensure safe delivery of the assistance to the Ukrainian forces.

However, the MoD said that the latest additional military support package has been prepared and decided after considering the existing needs and resources of the Ukrainian Armed Forces.

Finland Defence Minister Antti Häkkänen said: “The support of Finland and our allies to Ukraine remains unwavering.

“The core issue in terms of the future security order in Europe and in Finland is to be able to curb Russia’s aggression against Ukraine.”

In March this year, the Finnish MoD confirmed donation of additional mine-clearing Leopard 2 main battle tanks to Ukraine. The 14th defence materiel package was valued at around €161m.

Emerging threats are reviving interest in advanced materials (AdMs)

Investment in AdMs has remained relatively constant due to its ubiquity in the defense sector, however, the emergence of new applications for AdMs and new threats such as hypersonic weapons are driving a global reevaluation of the importance of AdMs to military modernization efforts. Though demand and development are not proceeding at the same pace across the different value chains in the AdMs market, the wider cross-industry applications for new materials are driving investment and innovations in all relevant fields of expertise, thus ensuring the continued progression of AdMs research to the benefit of all.

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