The Investment Whisperer
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Investment Whisperer

Politics

Biden’s Defense Department announces new multi-billion-dollar aid packages for Ukraine

by admin December 31, 2024
December 31, 2024
Biden’s Defense Department announces new multi-billion-dollar aid packages for Ukraine

The Department of Defense (DoD) announced two weapons packages for Ukraine on Monday, totaling $2.47 billion. 

The first of the two, the Presidential Drawdown Authority package, with an ‘estimated value’ of $1.25 billion, is meant to ‘provide Ukraine additional capabilities to meet its most urgent needs, including: missiles for air defense; munitions for rocket systems and artillery; and anti-tank weapons,’ the DoD stated in a press release.

‘In addition, DoD announced an approximately $1.22 billion Ukraine Security Assistance Initiative (USAI) package to provide Ukraine with additional air defense, air-to-ground, Unmanned Aerial Systems, and other capabilities to fight Russian aggression.’

The aid packages come as the national debt tracker stands at more than $36 billion as of Dec. 26. 

The DoD outlined the packages’ capabilities, including missile systems, missiles, munitions, ammunition, anti-armor systems, medical equipment and more.

‘This is the Biden Administration’s twenty-third USAI package and seventy-third tranche of equipment to be provided from DoD inventories for Ukraine since August 2021,’ the statement reads. 

‘The United States continues to work together with some 50 Allies and partners through the Ukraine Defense Contact Group and its associated Capability Coalitions to provide the support Ukraine needs to prevail in its fight against Russian aggression.’

FOX News’ Eric Revell and Liz Friden contributed to this report. 

This post appeared first on FOX NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Russian foreign minister blasts Ukraine peace deal reportedly floated by Trump’s team: ‘Not happy’
next post
Rep. Victoria Spartz demands ‘assurances’ Speaker Johnson ‘won’t sell us out to the swamp’

Related Posts

Iowa caucuses: Fox News Voter Analysis provides big...

January 16, 2024

JONATHAN TURLEY: Judge’s Special Counsel ruling may be...

March 3, 2025

Iran supports Kamala Harris, but Americans who want...

September 25, 2024

White House pushes back against scathing report on...

September 10, 2024

Obama reacts to Biden diagnosis: ‘Nobody has done...

May 19, 2025

GOP in battleground states rip Trump trial judge’s...

May 3, 2024

4 signs that show Trump’s foreign policy remains...

March 11, 2025

Captain Obvious Stephanopoulos gets in trouble for giving...

July 12, 2024

Harris slammed as ‘CopyCatKamala’ for following Trump’s lead...

August 12, 2024

Trump, Biden react to death of former President...

December 30, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (1,484)
    • Investing (3,794)
    • Politics (5,086)
    • World (4,762)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: TheInvestmentWhisperer.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 TheInvestmentWhisperer.com | All Rights Reserved