TAF Industries' acquisition collapses as MBDA partners with Ukrainian firm

FPV drone manufacturer TAF Industries' planned acquisition of a middle-strike producer reportedly collapsed this spring, according to Forbes Ukraine. The deal was intended to expand TAF Industries' product portfolio, with the report emphasizing that "time is the most important thing" in defense industry mergers and acquisitions. Separately, European missile manufacturer MBDA and Ukrainian company "Українська бронетехніка" signed a strategic partnership memorandum on June 10 at ILA Berlin. In other news, Ukraine's National Commission for State Regulation in Energy and Utilities (NKREKP) reported that over half of investor complaints regarding new generating capacity connections cited unjustified technical requirements. Additionally, lawmakers have approved an amendment to financial monitoring rules for Politically Exposed Persons (PEPs), which will now limit enhanced monitoring to one year post-office, a change previously criticized by the European Commission.

Sources: Forbes Ukraine