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Business Maverick: Biden’s $2.98 Billion Ukraine Weapons Package Aimed at Long Term

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A $2.98 billion package of arms for Ukraine announced Wednesday by President Joe Biden sends a signal of future support for the nation, with some of the key weapons yet to be put under contract and produced.

Biden emphasized in a statement that the weapons, “our biggest tranche of security assistance to date,” is aimed at ensuring Ukraine “can continue to defend itself over the long term.”

The package, announced on Ukraine’s Independence Day, includes weapons not being drawn down from existing Pentagon inventories so those supplies will take months to deliver, according to a U.S. official familiar with the details. That includes six additional National Advanced Surface-to-Air Missile Systems. The NATO-standard air defense system, produced by Raytheon Technologies Corp., is used to protect the Washington region, including the White House. Like the two NASAM systems already pledged to Ukraine, these haven’t yet been put under contract and produced.

The package doesn’t provide new capabilities for a short-term counteroffensive against Russian forces. Nor does it include more of the long-range HIMARS rocket systems that Ukrainian troops are using to destroy ammunition dumps and logistics systems deep behind Russian lines.245,000 rounds of 155mm artillery ammunition;Puma Unmanned Aerial Systems and support equipment for Scan Eagle UAS systems;

 

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With so many military hardware to be shipped to Ukraine,US corporate military industry is sure smiling all the way to the bank. Had the money used for these arms to Ukraine been used for development,that country would be miles ahead of human development

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