KYIV, Feb 14 – The defense sector in Ukraine tripled over the past year, and in 2024 the industry is expected to swell six times, Deputy Minister for Strategic Industries Hanna Hvozdiar said at the Global Outlook: A Winning Vision conference organized by the European Business Association (EBA) on Wednesday.

"The enemy, of course, surpasses us in numbers and in the means they involve. And the needs of the army are so great that it's very difficult for us, even together with our partners, to satisfy them in full. However, just last year we tripled our defense industry. This year we expect a six-fold increase," Hvozdiar said.