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Aviation: Ukraine’s Overlooked Investment Vector

by Roman Cheplyk
Thursday, July 10, 2025
2 MIN
Aviation: Ukraine’s Overlooked Investment Vector

Why aircraft manufacturing must enter the Defence City program—and how it can drive post-war growth, tech independence, and frontline readiness

Ukraine’s aircraft industry is a national asset—yet draft Defence City bills could exclude it from tax breaks and customs relief.
Below is a concise look at why aviation matters, what is at stake, and how lawmakers can unlock billions in new investment.


1. Aviation’s Strategic Value

Capability Defence Impact Economic Impact
Full R&D-to-MRO cycle Rapid upgrades for combat aircraft, drones, rotorcraft High-skill jobs, export contracts
Unique engineering schools Indigenous design of engines, avionics, composites STEM talent anchor; tech spill-overs
Dual-use production Supplies air-frames and parts for both fighters & civil fleet Diversified revenue, currency inflows

“Without aircraft manufacturing there is no complete defence architecture.” — Ukrainian Aerospace Association


2. Current Crisis Points

  1. Closed skies → collapsing civil demand

  2. Expired tax incentives (ended 1 Jan 2025)

  3. Draft Defence City threshold: 90 % defence revenues

    • Result: giants like Antonov, Motor Sich, Ivchenko-Progress fail to qualify.


3. Missed Opportunity if Excluded

  • Loss of export-ready platforms just as global demand for air-lift and UAVs surges.

  • Brain drain of aeronautical engineers to EU & Gulf OEMs.

  • Delayed frontline upgrades (engines, EW pods, munitions racks).


4. How Aviation Can Power Reconstruction

Investment Multiplier

Every US $1 in state incentives can attract US $4–5 of private or partner capital for:

  • Final assembly lines for medium-lift transporters

  • Modular jet trainers for NATO-standard pilot pipeline

  • Component hubs serving Airbus/Boeing supply chains

Regional Clusters

  • Kyiv-Antonov Hub: Heavy air-frames, cargo drones

  • Zaporizhzhia Motor Valley: Turbofan & turboshaft engines

  • Kharkiv Innovation Zone: Avionics, composites, EW pods


5. Proposed Fixes to Defence City Bills

Current Text Suggested Adjustment
90 % defence-contract criterion ≤ 50 % for aircraft-manufacturing entities on the Cabinet’s strategic list
Single MoD registry Dual registry: Defence OEMs + Certified Aircraft Manufacturers
Benefits end 2036 Option to extend to 2040 for long-cycle air-frame programs

6. Next Legislative Steps

  1. Finance & Tax Committee to accept sector-association amendments.

  2. First reading vote: include aviation clause.

  3. Inter-agency task-force to map investment pipeline (EIB, Nordics, US DFC).


7. Bottom Line

Ukraine cannot afford to sideline its aircraft industry.
Integrating aviation into Defence City will:

  • fill a critical capability gap,

  • anchor high-tech jobs,

  • and position Ukraine as Europe’s post-war aerospace growth market.

Parliament has a narrow window—before the second reading—to ensure aircraft manufacturing gets the same runway for take-off as other defence sectors.

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