Signers (seated - front row left to right) Oleh Huliak - Director General, Ukrainian Defense Industry JSC, Daniel Powers – President & CEO, D&M Holding Company, Inc.
Witnesses (back row left to right) Lynndy Smith – Member of Ukrainian Defense Industry JSC Supervisory Board, Oleksandr Kamyshin – Advisor to Ukraine President , Volodymyr Zelenskyy, Lt. General (Ret.) Keith Kellogg - Special Envoy for Ukraine, Ambassador Julie S. Davis – US Chargé d’Affaires to Ukraine, James Jones – Executive Vice President, D&M Holding Company, Inc. (Photo provided by D&M Holding)
July 16, 2025
By D&M Holding Company Press Release
TAMPA, FL (July 16, 2025) – D&M Holding Company, Inc. (D&M), the global leader in delivering complete solutions for ammunition, primer, and propellant manufacturing facilities, and the Ukrainian Defense Industry Joint Stock Company (JSC) are partnering to produce specialty chemicals in the United States to address the critical shortage of propellant used in the production of ammunition for the Ukrainian defense forces.
The agreement was signed at the Ukraine Recovery Conference in Rome on July 11 by Ukrainian Defense Industry Director General Oleh Huliak and D&M Holding Company CEO Daniel Powers in the presence of Lt. General (Ret.) Keith Kellog - US Special Envoy to Ukraine, Ambassador Julie S. Davis - US Chargé d’Affaires to Ukraine, Lynndy Smith - Member of Ukrainian Defense Industry JSC Supervisory Board, Oleksandr Kamyshin - Advisor to Ukraine President Volodymyr Zelenskyy, and James Jones - Executive Vice President, D&M Holding Company, Inc. Powers also spoke on a panel for defense manufacturing during the conference.
The single base propellant made in this new US-based facility will be used for artillery ammunition, including 155mm shells which are greatly needed by Ukraine in their ongoing defense against Russia.
"We have to gradually move from large-scale procurement to our own production to meet our immediate needs. It is equally important that the company will operate in a safe area. Our cooperation with American arms companies will continue in other areas," emphasized Director General Huliak.
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“This joint venture continues to build upon and further strengthen the relationship between D&M and Ukrainian state-owned enterprises with projects now in both Ukraine and the US,” said Powers.
About D&M Holding Company D&M Holding Company, Inc. (D&M) is an ammunition and energetics engineering company. D&M specializes in design and manufacture of ammunition and energetics equipment and turnkey factories for customers worldwide to support the defense and sporting markets. For more information visit D&M Holding Company.
