By Max Hunder and Daniel Flynn April 6 (Reuters) - Fire Point, maker of Ukraine's Flamingo cruise missile, is in talks with European companies to launch a new air defence system by next year, a senior executive told Reuters, creating a low-cost alternative to the increasingly hard-to-get Patriot system. With governments seeking to defend their skies as the wars in Ukraine and Iran sow global instability, Fire Point's co-founder and chief designer Denys Shtilierman said it aimed to slash the cost of intercepting a ballistic missile to below $1 million.
2026-04-06 11:36:41