With three weeks left before President-elect Donald Trump takes office, the Biden administration announced nearly $21 billion in new support for Ukraine. That includes two military aid packages – including the last funds the administration can spend to acquire new weapons for Ukraine. In addition, there is $3.5 billion for direct budgetary assistance to the Ukrainian government and $15 billion in frozen Russian assets.
The 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,” according to the Pentagon. USAI funds are for items that have to be acquired from industry. This package empties that account of funds to procure weapons from industry or partners ahead of the Jan. 20 inauguration of Trump as president.
Read entire article here:
Recent Comments