US announces new $2.98 billion military aid package for Ukraine
US President Joe Biden announced on 24 August a new $2.98 billion military aid package for Ukraine. It is the largest single US assistance shipment since Russia invaded the country in February.
This package comprises laser-guided rocket systems, six additional National Advanced Surface-to-Air Missile Systems (NASAMS) and munitions, up to 245,000 rounds of 155mm artillery ammunition and up to 65,000 rounds of 120mm mortar ammunition.
Moreover, the US government will supply up to 24 counter-artillery radars, Puma UAS and support equipment for the ScanEagle UAS. In order to counter Russian drones, the shipment also includes Vampire C-UAS systems.
The military aid was provided through the Ukraine Security Assistance Initiative. Apart from materiel, equipment and weapons, it also includes training, maintenance and sustainment.
The package was announced on Ukraine’s Independence Day. Biden claimed it will allow Ukraine to ‘continue to defend itself over the long term’. Since January 2021, the US government has committed more than $13.5 billion in security assistance to Ukraine.
More from Defence Notes
-
How UAE defence giant EDGE Group plans to double its exports
The UAE defence conglomerate has put an aggressive strategy in place to increase its share of exports while navigating the growing gap between East and West.
-
US lawmakers warn that “more military spending is absolutely necessary” to ensure Pentagon’s readiness
The US Congress has raised concerns about how inflation rates and cuts in main acquisition programmes could affect the US military.
-
Can the US overcome Russian and Chinese nuclear capabilities?
Washington’s ageing inventory and the pace Moscow and Beijing have been modernising their capabilities put in check the US Nuclear deterrence.
-
US FY2024 funding package passes as China closes military capability gap
The Pentagon has been operating under temporary funding since October 2023, which has impacted its main acquisition and development programmes, increasing the capability gap between the US and China.
-
NATO outlines future challenges as Ukrainian funding from US stalls
In 2023, defence spending increased by an unprecedented 11% across European NATO countries and Canada. Since 2014, the group has spent an additional US$600 billion on defence.
-
US Pentagon to reduce investments in main acquisition programmes over FY2025
The DoD requested nearly US$850 billion to fund operations over the next fiscal year. Despite the amount being 1% higher than the FY2024 budget request, it has not covered the 3% inflation rate, which could impact the DoD’s main programmes in the medium and long term.