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UK Signs £283 Million UKEF-Backed Deal to Supply Over 5,000 Air Defence Missiles to Ukraine

It channels a £2.5 billion export finance guarantee over 19 years to strengthen Ukraine’s air defenses as part of a wider £18.3 billion aid package.

British Deputy Prime Minister Angela Rayner arrives for a cabinet meeting at 10 Downing Street in London, Britain, January 7, 2025. REUTERS/Hollie Adams/File Photo
Image
Representative Image of a missile being launched | Reuters

Overview

  • The UK signed a £283 million defence export deal to supply over 5,000 British-made air defence missiles to Ukraine at the Ukraine Recovery Conference.
  • The agreement is backed by a £2.5 billion UK Export Finance guarantee and a 19-year financing plan, marking the largest UKEF-backed deal in Ukraine to date.
  • Thales in Belfast will create 200 skilled jobs and safeguard 700 existing positions under the terms of the missile package.
  • This missile supply forms part of a broader £18.3 billion UK support package for 2025–26, including £13 billion in military and £5.3 billion in non-military assistance.
  • Non-military aid elements include £10.5 million for governance reform, £1 million for the Green Transition Office, a €30 million agribusiness loan and endorsement of a new business insurance scheme.