Eurosatory 2026: How the deep-strike, loitering munition market skyrocketed to $13.8 billion in three years
Fire Point describes the FP-1 and FP-2 as cost-effective strike drones capable of engaging diverse targets, even in GPS-denied environments. (Photo: author)
Ukraine’s rapid development of long-range, deep-strike loitering munitions has helped turn the sector into a market worth an estimated US$13.2 billion. The reasons behind this were outlined during Eurosatory 2026, as other countries embark on the early stages of procuring this capability.
In the last three years, the long-range, deep-strike, loitering munition sector has developed from nothing into a market worth an estimated US$13.169 billion, according to Shephard’s Defence Insight.
Speaking at Eurosatory, Ihor Fedirko, CEO of the Ukrainian Council of Defence Industry, stated that today Ukraine has 56 publicly known deep-strike uncrewed systems conducting strikes deep into Russia daily. This compares to having no publicly known deep-strike-capable system three years ago, demonstrating the growth in capability.
Iryna Terekh, CEO and CTO of Fire Point, added that between five and 15 of these daily strikes are being conducted by her company’s drones
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