Russia's Prime Minister Vladimir Putin warned Ukraine over its NATO bid and threatened to terminate lucrative deals with Ukrainian arms and space facilities if the ex-Soviet neighbor joins the alliance, according to AP. Ukraine has a massive arms and electronics industry inherited from the Soviet era that relies on contracts with Russia's military and space agencies. The industry remains state-owned and poorly adjusted to business-oriented relations with the West. Putin said Saturday in televised remarks that Ukraine would have to invest heavily into retrofitting its arms industry for production of weapons according to the Western alliance's standards.