The Financial Horizons
No Result
View All Result
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
No Result
View All Result
The Financial Horizons
No Result
View All Result
Home Latest News

Biden’s Defense Department announces new multibillion-dollar aid packages for Ukraine

by
December 31, 2024
in Latest News
0
Biden’s Defense Department announces new multibillion-dollar aid packages for Ukraine
0
SHARES
5
VIEWS
Share on FacebookShare on Twitter

The Department of Defense (DoD) announced two weapons packages for Ukraine on Monday, totaling $2.47 billion. 

The first of the two, the Presidential Drawdown Authority package, with an ‘estimated value’ of $1.25 billion, is meant to ‘provide Ukraine additional capabilities to meet its most urgent needs, including: missiles for air defense; munitions for rocket systems and artillery; and anti-tank weapons,’ the DoD stated in a press release.

‘In addition, 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.’

The aid packages come as the national debt tracker stands at more than $36 trillion as of Dec. 26. 

The DoD outlined the packages’ capabilities, including missile systems, missiles, munitions, ammunition, anti-armor systems, medical equipment and more.

‘This is the Biden Administration’s twenty-third USAI package and seventy-third tranche of equipment to be provided from DoD inventories for Ukraine since August 2021,’ the statement reads. 

‘The United States continues to work together with some 50 Allies and partners through the Ukraine Defense Contact Group and its associated Capability Coalitions to provide the support Ukraine needs to prevail in its fight against Russian aggression.’

FOX News’ Eric Revell and Liz Friden contributed to this report. 

This post appeared first on FOX NEWS
Previous Post

Ukraine: How the war shifted in 2024

Next Post

Netanyahu goes against doctor’s orders, appears in Israeli parliament after surgery

Next Post
Netanyahu goes against doctor’s orders, appears in Israeli parliament after surgery

Netanyahu goes against doctor’s orders, appears in Israeli parliament after surgery

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Ryan Routh trial begins after jury seated in Trump assassination attempt case

    Ryan Routh trial begins after jury seated in Trump assassination attempt case

    September 11, 2025
    EXCLUSIVE: House GOP report alleges $20B green grants enriched Biden allies

    EXCLUSIVE: House GOP report alleges $20B green grants enriched Biden allies

    September 11, 2025
    Trump administration ramps up pressure on Labor Department with data probe

    Trump administration ramps up pressure on Labor Department with data probe

    September 11, 2025
    House Democrats open probe into FBI’s handling of Epstein documents

    House Democrats open probe into FBI’s handling of Epstein documents

    September 11, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: Thefinancialhorizons.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thefinancialhorizons.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Editor’s Pick
    • Latest News

    Disclaimer: Thefinancialhorizons.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thefinancialhorizons.com | All Rights Reserved