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autotldr Bot ,

This is the best summary I could come up with:

LONDON, Aug 31 (Reuters) - British defence company BAE Systems (BAES.L) said on Thursday it had set up a local entity in Ukraine and signed deals with the government there to help ramp up Kyiv’s supply of weapons and equipment.

As the UK’s biggest defence contractor, BAE has manufactured much of the equipment that Britain and other governments have provided to Ukraine as it fends off Russia’s invasion.

Britain is a key defence supplier for Ukraine and in May became the first country to start supplying Kyiv with long-range cruise missiles.

BAE, which has benefited from increased defence spending as a result of the conflict, is already providing training and repair services to Ukraine’s armed forces.

The announcement comes days after Ukraine signed a statement of intent with Sweden to strengthen cooperation in the production and operation of the CV90 family of armoured vehicles, made by a Swedish unit of BAE.

Western defence companies have been weighing opportunities to make weapons in Ukraine against the possible security risks, Reuters reported in June.

The original article contains 341 words, the summary contains 172 words. Saved 50%. I’m a bot and I’m open source!

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