Biden marks Ukrainian Independence Day with nearly $3 billion in security support

Biden marks Ukrainian Independence Day with nearly  billion in security support


Ukrainian soldiers stand on their tank at the entrance line in the Donetsk area on August 19, 2022, amid Russia’s invasion of Ukraine.

Anatolii Stepanov | AFP | Getty Pictures

WASHINGTON – The Biden administration declared close to $3 billion in stability aid for Ukraine on Wednesday, Washington’s greatest deal due to the fact Russia’s comprehensive-scale invasion commenced six months in the past.

The announcement of the upcoming armed forces aid deal, the 19th these installment, arrives as Ukraine celebrates 31 many years of its independence from the Soviet Union.

“The United States of The us is dedicated to supporting the individuals of Ukraine as they keep on the fight to protect their sovereignty,” Biden mentioned in a statement, acknowledging Ukraine’s Independence Working day. He added that that roughly $2.98 billion “will make it possible for Ukraine to purchase air defense techniques, artillery systems and munitions, counter-unmanned aerial systems and radars to guarantee it can continue on to defend alone.”

The most recent safety assistance package deal is contrary to presidential drawdown authorities which authorize the shipping and delivery of weapons specifically from U.S. arsenals.

Wednesday’s package deal of approximately $3 billion is licensed by means of the Ukraine Protection Support Initiative, or USAI, which utilizes cash appropriated by Congress. The USAI funds America’s defense field to scale up arms output.

“This announcement signifies the commencing of a contracting approach to present supplemental precedence capabilities to Ukraine in the mid-and long-term to guarantee Ukraine can proceed to protect by itself as an independent, sovereign and prosperous state,” wrote Pentagon push secretary Air Pressure Brig. Gen. Pat Ryder in a assertion.

The bundle is made up of 6 extra National Highly developed Surface area-to-Air Missile Methods, or NASAMS, as properly as munitions for individuals units, 24 counter-artillery radars, 245,000 rounds of 155 mm artillery ammunition, 65,000 rounds of 120 mm mortar ammunition, laser-guided rocket programs, guidance products for the Scan Eagle drone as perfectly as Puma drones.

New to this security offer is the Vampire drone. It was not quickly distinct how several the Pentagon would offer.

Earlier this month, Biden declared a presidential drawdown authority of $9.8 billion for Ukraine, the most significant weapons installment to arrive specifically from U.S. stockpiles. So significantly, the U.S. has dedicated far more than $13.5 billion in stability support to Ukraine due to the fact January 2021.



Resource

European stocks that are likely to be winners and losers of the U.S.-EU trade agreement
World

European stocks that are likely to be winners and losers of the U.S.-EU trade agreement

European automakers and pharmaceutical companies are emerging as the immediate winners in the aftermath of the U.S.-EU trade deal agreed on Sunday. The new accord removes the overhang of more punitive tariffs, providing a relief rally to stocks in the sector. Under the agreement, details of which have not yet been revealed, exports from the […]

Read More
A breakthrough and a burden? What the U.S.-EU trade deal means for the auto sector
World

A breakthrough and a burden? What the U.S.-EU trade deal means for the auto sector

A general view of production lines at the Mercedes-Benz assembly plant on June 4, 2025 in Rastatt, Germany. Florian Wiegand | Getty Images News | Getty Images U.S. President Donald Trump has hailed the framework trade agreement with the European Union as the biggest trade deal ever made and one that promises to be “great […]

Read More
China’s Laopu Gold shares fall despite forecast of tripling profits
World

China’s Laopu Gold shares fall despite forecast of tripling profits

Customers line up in front of the Laopu Gold Store in Shanghai, China, February 27, 2025. Cfoto | Future Publishing | Getty Images Shares of Laopu Gold fell to their lowest levels since May 20 after the Chinese jewelry upstart forecasted its net profit for the first half of 2025 would increase between 279% and 288% year over […]

Read More