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0.000470366886171321 0.000470366886171321 0.000470366886171321 0.000470366886171321 0.000470366886171321 -0.0013170272812794 -0.00211665098777041 -0.00159924741298214
Stock impact report

German Skynex Systems Are Boosting Ukrainian Short-Range Air Defenses [Forbes]

RHEINMETALL AG UNSP/ADR (RNMBY) 
Company Research Source: Forbes
similar to the Skynex system that Germany is providing to Ukraine. Photo: Marcus Brandt/dpa (Photo by Marcus Brandt/picture alliance via Getty Images) dpa/picture alliance via Getty Images Much of the attention on Ukraine's air defense needs has been directed toward long-range systems, such as the MIM-104 Patriot, to counter the Russian barrages on key infrastructure. However, Ukraine also requires air defense at the tactical level, as the Russian military is increasingly using guided missiles and loitering munitions to target Ukrainian front-line positions. As such, Germany is providing Ukraine with four Skynex Air Defense System, a short-range air defense (SHORAD) solution. Earlier this year, Germany delivered the first two of these systems, with two more to be delivered at an unspecified future date. The Skynex systems will strengthen Ukraine's tactical air defense capabilities, playing a crucial role in protecting front-line units in the ongoing conflict. 31 May 2023, Schles Show less Read more
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