Stock Market News

U.S. to send Ukraine anti-drone, air defense aid worth $275 million

2022.12.08 18:14



© Reuters.

By Mike Stone

WASHINGTON (Reuters) – The United States is preparing to send Ukraine a $275 million military aid package offering new capabilities to defeat drones and strengthen air defenses, according to a document seen by Reuters on Thursday and people familiar with the package.

The package could be announced as early as Friday. Details of the anti-drone and air defense equipment included could not be determined.

The Pentagon is also expected to include rockets for High Mobility Artillery Rocket System (HIMARS) launchers made by Lockheed Martin Corp (NYSE:), 155mm ammunition, Humvee military vehicles and generators, according to the people and the document.

A National Security Council spokesperson declined to comment on the aid package. The contents and size of aid packages can shift until they are signed by the president.

The $275 million will be covered by Presidential Drawdown Authority (PDA) which allows the United States to transfer defense articles and services from stocks quickly without congressional approval in response to an emergency.

Russia’s surge in missile strikes in Ukraine is partly designed to exhaust Kyiv’s supplies of air defenses and achieve dominance of the skies above the country, a senior Pentagon official said in November.

To counter these attacks, the United States has sent sophisticated anti-aircraft NASAMS systems to Ukraine which have been running for a few weeks.

Washington previously announced it was also sending HAWK interceptor missiles as well as The United States is preparing to send Ukraine a $275 million military aid package offering new capabilities to defeat drones and strengthen air defenses, according to a document seen by Reuters on Thursday and people familiar with the package.

The package could be announced as early as Friday. Details of the anti-drone and air defense equipment included could not be determined.

The Pentagon is also expected to include rockets for High Mobility Artillery Rocket System (HIMARS) launchers made by Lockheed Martin Corp, 155mm ammunition, Humvee military vehicles and generators, according to the people and the document.

The White House did not immediately respond to a request for comment, and a National Security Council spokesperson declined to comment on the aid package. The contents and size of aid packages can shift until they are signed by the president.

The $275 million will be covered by Presidential Drawdown Authority (PDA) which allows the United States to transfer defense articles and services from stocks quickly without congressional approval in response to an emergency.

Russia’s surge in missile strikes in Ukraine is partly designed to exhaust Kyiv’s supplies of air defenses and achieve dominance of the skies above the country, a senior Pentagon official said in November.

To counter these attacks, the United States has sent sophisticated anti-aircraft NASAMS systems to Ukraine which have been running for a few weeks.

Washington previously announced it was sending four Avenger short-range air defense systems that use Stinger missiles, made by Raytheon Technologies (NYSE:) Corp, and HAWK interceptor missiles.

U.S. allies have also been sending air defense systems.

Since the Russian invasion of Ukraine on Feb. 24, which Moscow calls a “special military operation”, the United States has sent around $19.1 billion worth of security assistance to Kyiv.

U.S. lawmakers voted on Thursday to provide Ukraine at least $800 million in additional security assistance next year.

U.S. allies have also been sending air defense systems.

Since the Feb. 24 Russian invasion of Ukraine, which Moscow calls a “special military operation”, the United States has sent around $19.1 billion worth of security assistance to Kyiv.

U.S. lawmakers voted on Thursday to provide Ukraine at least $800 million in additional security assistance next year.



Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 98,534.40 0.36%
ethereum
Ethereum (ETH) $ 3,435.44 2.85%
tether
Tether (USDT) $ 1.00 0.15%
solana
Solana (SOL) $ 259.10 1.45%
bnb
BNB (BNB) $ 660.51 2.75%
xrp
XRP (XRP) $ 1.49 4.56%
dogecoin
Dogecoin (DOGE) $ 0.445961 5.08%
usd-coin
USDC (USDC) $ 1.00 0.06%
cardano
Cardano (ADA) $ 1.09 0.26%
staked-ether
Lido Staked Ether (STETH) $ 3,435.23 2.87%
tron
TRON (TRX) $ 0.215618 4.31%
stellar
Stellar (XLM) $ 0.606477 39.16%
avalanche-2
Avalanche (AVAX) $ 42.64 1.98%
the-open-network
Toncoin (TON) $ 6.40 15.72%
shiba-inu
Shiba Inu (SHIB) $ 0.000027 0.33%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,065.38 2.84%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,017.26 0.80%
polkadot
Polkadot (DOT) $ 9.32 32.43%
chainlink
Chainlink (LINK) $ 17.94 7.94%
bitcoin-cash
Bitcoin Cash (BCH) $ 521.85 4.01%
sui
Sui (SUI) $ 3.53 1.05%
weth
WETH (WETH) $ 3,434.32 2.86%
pepe
Pepe (PEPE) $ 0.000021 4.08%
leo-token
LEO Token (LEO) $ 8.67 1.72%
near
NEAR Protocol (NEAR) $ 6.40 4.65%
litecoin
Litecoin (LTC) $ 102.61 1.83%
aptos
Aptos (APT) $ 13.23 5.70%
uniswap
Uniswap (UNI) $ 10.92 7.80%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,620.12 2.97%
hedera-hashgraph
Hedera (HBAR) $ 0.156907 3.60%
internet-computer
Internet Computer (ICP) $ 11.88 7.66%
crypto-com-chain
Cronos (CRO) $ 0.201123 5.89%
usds
USDS (USDS) $ 1.00 0.07%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.591547 13.51%
ethereum-classic
Ethereum Classic (ETC) $ 30.17 3.23%
render-token
Render (RENDER) $ 7.98 5.11%
bittensor
Bittensor (TAO) $ 535.05 3.11%
kaspa
Kaspa (KAS) $ 0.155954 0.63%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.47 12.95%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.10%
bonk
Bonk (BONK) $ 0.000049 2.57%
cosmos
Cosmos Hub (ATOM) $ 9.30 19.96%
arbitrum
Arbitrum (ARB) $ 0.88325 9.34%
vechain
VeChain (VET) $ 0.044433 14.15%
whitebit
WhiteBIT Coin (WBT) $ 24.80 0.47%
filecoin
Filecoin (FIL) $ 5.90 20.33%
dai
Dai (DAI) $ 1.00 0.14%
dogwifcoin
dogwifhat (WIF) $ 3.36 6.16%
mantra-dao
MANTRA (OM) $ 3.73 4.08%
celestia
Celestia (TIA) $ 7.47 26.66%