UkrainePublished: 12 June 2026 at 01:24

Mykhalko: 80% results, 2% funding – the most important equation of the war

Kateryna Mykhalko, Managing Director of New Age Defence, delivered the opening speech at the international defence conference New Age Defence in Berlin on June 8, 2026, presenting the equation "80% results, 2% funding".

On June 8, 2026, the international defence conference New Age Defence officially opened in Berlin. The opening speech was delivered by Kateryna Mykhalko, Managing Director of New Age Defence. In her speech, she addressed what she called the most important equation of the war: "80% results, 2% funding". Further details of the speech content are not yet available. The conference brought together international defence industry representatives.

More in this category

Ukraine

E3 Ambassadors Push for Direct Russia-Ukraine Talks in Rare Moscow Meeting

Envoys from France, Germany and the UK urged Moscow to hold direct talks with Kyiv during a rare meeting at Russia's foreign ministry on Thursday. Meanwhile, Ukrainian drone strikes have crippled Russian supply lines, causing fuel shortages in Crimea.

Guardian Ukraina · 45 min ago

Ukraine

Russian economy exhausted by four years of war – study

Russia's economy shows clear signs of structural exhaustion after more than four years of full-scale war, according to a new study.

LSM (rus) · 45 min ago

Ukraine

Massive Russian Strike on Sumy Region Kills Woman, Injures Another

In a massive drone attack on the Shostka community in Sumy region overnight on June 12, a 44-year-old woman was killed and a 33-year-old woman was seriously wounded, according to the regional military administration.

Pravda — ziņas · 46 min ago