The Guardian Business· 1h ago· 3 min read
Fire Point makes 100 long-range missiles and thousands of drones a month and is vital to Kyiv’s deep strike capability, says CEO Iryna Terekh Ukraine’s leading arms company is manufacturing about 100 long-range Flamingo cruise missiles a month, a rate able to support an enduring campaign of deep strike against targets hundreds of miles inside Russia. Fire Point is also making FP-1 and FP-2 fixed-wing drones at a rate of “hundreds per day”, according to chief executive Iryna Terekh. Manufacturing at scale is restarting after a pause caused by the delay in signing off €90bn of EU lending to Ukraine. Continue reading...
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