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March 25, 2022

Finland to deliver additional military materiel to Ukraine

Details regarding the new armament package were not disclosed, to ensure that the assistance reaches destination.

Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict

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Latest Updates on the Ukraine/Russia Crisis

Whilst at its core a humanitarian crisis, the Russian invasion of Ukraine risks adding materially to existing global economic and supply challenges. We are likely heading into a period in which geopolitics will become a regular part of boardroom discussions. Recent developments have seen Russian companies make significant progress around the world to supply countries with equipment in various Aerospace, Defense & Security sectors. This means that countries dependent on Russian arms for their security calculations should review all purchases and clauses regarding their programs and payments. Download GlobalData’s 5th Ukraine Conflict Executive Briefing to learn more. This report is part of a continued series that is renewed monthly with the latest data and analysis, as the conflict develops and has wider implications across sectors. Access the latest macro-economic forecasts, charts with the latest data, and our updated sanctions tracker, as well as our updated sector scorecards to reflect the current views on the impact of the crisis at a company level.
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Finland is set to deliver additional military materiel to Ukraine as the latter continues to battle the Russian invasion.

Finnish President Sauli Niinistö has approved a proposal from the government to send another defence shipment to the war-affected country.

The government did not disclose the details of the armament package.

“To ensure that the assistance reaches its destination, more detailed information on the content of the assistance, manner of delivery, or schedule will not be provided.

“Both Ukraine’s needs and the resources of the Defence Forces have been taken into account when deciding on Finland’s additional assistance.”

It also added that the decision will not impact Finland’s national defence capability.

The move comes more than three weeks after Finland announced that it will ship a consignment of arms, rifles, and anti-tank weapons to Ukraine.

The Nordic nation also sent combat ration packages, composite helmets, bulletproof vests, as well as medical equipment.

After Russia launched the invasion, several countries provided lethal and non-lethal military aid to Ukraine.

The UK recently announced that it will send 6,000 new defensive missiles, comprising anti-tank and high explosive weapons, to Ukraine.

Leaders of the Nato member countries met in Brussels to discuss the response to the Russian aggression on Ukraine.

They agreed to strengthen their defensive posture on the eastern flank of the alliance.

The members also approved establishing four new Nato battle groups in Bulgaria, Hungary, Romania, and Slovakia, respectively.

Nato already has four existing battlegroups in Estonia, Latvia, Lithuania, and Poland.

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Free Report
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Latest Updates on the Ukraine/Russia Crisis

Whilst at its core a humanitarian crisis, the Russian invasion of Ukraine risks adding materially to existing global economic and supply challenges. We are likely heading into a period in which geopolitics will become a regular part of boardroom discussions. Recent developments have seen Russian companies make significant progress around the world to supply countries with equipment in various Aerospace, Defense & Security sectors. This means that countries dependent on Russian arms for their security calculations should review all purchases and clauses regarding their programs and payments. Download GlobalData’s 5th Ukraine Conflict Executive Briefing to learn more. This report is part of a continued series that is renewed monthly with the latest data and analysis, as the conflict develops and has wider implications across sectors. Access the latest macro-economic forecasts, charts with the latest data, and our updated sanctions tracker, as well as our updated sector scorecards to reflect the current views on the impact of the crisis at a company level.
by GlobalData
Enter your details here to receive your free Report.

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