Every war of attrition has at least two sides.Recently on this channel, we dove into estimates of Russian equipment losses and their remaining stores of equipment after nearly three years of hard fighting ( • Russian Equipment Reserves (2024) – P… ). Today, we’re turning a similar lens on Ukraine.There will be some differences, more focus on foreign assistance and less on domestic storage levels for example, but the core question is similar.How are Ukraine’s stocks of heavy equipment holding up as we head into 2025, how has the composition of the force changed, and what might that mean for the balance of the war and any negotiations going forward.