US EditionRussia’s Flagship Combat Drone Maker Nears Bankruptcy as Sanctions Bite
5 Articles
5 Articles
JSC Kronstadt, one of the most important Russian designers and manufacturers of combat drones and civilians, is known for developing the Orion drone, a variant of the Turkish Bayraktar.
The Russian drone industry is flirting. Kronstadt, the designer of the Orion model, is waging 154 lawsuits and 2.6 billion rubles of debt. European sanctions and the recession are strangling a whole section of the...
Russia’s Flagship Combat Drone Maker Nears Bankruptcy as Sanctions Bite
One of Russia’s key developers of military drones is facing potential bankruptcy after a series of financial setbacks and legal claims. We bring you stories from the ground. Your support keeps our team in the field. DONATE NOW According to Russian business-oriented outlet CNews, a bankruptcy petition was filed in late March against JSC Kronstadt, a major Russian manufacturer of unmanned aerial systems, including the Orion drone—often described …
One of Russia's largest manufacturers of combat drones has found itself in serious financial trouble. It's generating huge losses despite Putin's war, and its debts are mounting. The company blames sanctions preventing the import of parts and expensive loans from Russian banks.
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
