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Germany to Finance €5 Billion Ukrainian Long-Range Weapon Production

It ensures Germany will fund joint production ventures, repair facilities, ammunition pipelines—delivering fresh deployments within weeks.

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Overview

  • German Defense Minister Boris Pistorius and Ukrainian counterpart Rustem Umerov signed the Berlin agreement on May 28 to invest directly in locally produced long-range and air defense systems.
  • The €5 billion package covers funding for missile strike capabilities, procurement of IRIS-T air defense systems with corresponding munitions, and satellite communications support.
  • Berlin will back the establishment of repair facilities and a joint venture with Ukrainian defense firms, along with financing for command communications and medical equipment production.
  • Chancellor Friedrich Merz confirmed there are no operational-range restrictions on weapons made under the pact and said the first systems will be deployed within weeks.
  • Kremlin spokesman Dmitry Peskov denounced the deal as a provocation that undermines prospects for a negotiated peace.