IPFS News Link • Government Debt & Financing
US Announces $2.6 Billion Weapons Package for Ukraine
• https://www.activistpost.com by Dave DeCampThe package includes $500 million in the Presidential Drawdown Authority, which allows President Biden to ship weapons to Ukraine directly from Pentagon stockpiles. The other $2.1 billion will go toward purchasing new equipment for Kyiv that could take months or years to deliver, a program known as the Ukraine Security Assistance Initiative (USAI).
The funds for the new weapons are still being drawn from the $45 billion Ukraine aid bill Congress passed in December. So far, the US has authorized about $113 billion to spend on the war.
According to the Pentagon, the Drawdown Authority package includes to following:
Additional munitions for Patriot air defense systems
Additional ammunition for HIMARS
155mm and 105mm artillery rounds
120mm mortar rounds
120mm and 105mm tank ammunition
25mm ammunition
Tube-Launched, Optically-Tracked, Wire-Guided (TOW) missiles
Approximately 400 grenade launchers and 200,000 rounds of ammunition
11 tactical vehicles to recover equipment
61 heavy fuel tankers
10 trucks and 10 trailers to transport heavy equipment
Testing and diagnostic equipment to support vehicle maintenance and repair
Spare parts and other field equipment