Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

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

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

Indonesia’s president says VAT hike to apply only on luxury goods

Next Post

US to sustain its leading-edge role in global growth during 2025: Wells Fargo

Next Post
US to sustain its leading-edge role in global growth during 2025: Wells Fargo

US to sustain its leading-edge role in global growth during 2025: Wells Fargo

  • Trending
  • Comments
  • Latest
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Markets may be repeating the mistake of 2019, Goldman Sachs warns

Markets may be repeating the mistake of 2019, Goldman Sachs warns

January 27, 2025
Ted Cruz accuses Biden of breaking pardon rules with autopen use after bombshell report

Ted Cruz accuses Biden of breaking pardon rules with autopen use after bombshell report

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Ted Cruz accuses Biden of breaking pardon rules with autopen use after bombshell report

Ted Cruz accuses Biden of breaking pardon rules with autopen use after bombshell report

September 9, 2025
Ted Cruz torches Biden for ‘partisan and personal motives’ after bombshell report on autopen pardons

Ted Cruz torches Biden for ‘partisan and personal motives’ after bombshell report on autopen pardons

September 9, 2025
Inside Epstein’s infamous “birthday book”: Clinton’s note, poolside candids and bizarre animal pics

Inside Epstein’s infamous “birthday book”: Clinton’s note, poolside candids and bizarre animal pics

September 9, 2025
‘No means of escape’: Sudanese rebels create kill zones around besieged city

‘No means of escape’: Sudanese rebels create kill zones around besieged city

September 9, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Ted Cruz accuses Biden of breaking pardon rules with autopen use after bombshell report

    Ted Cruz accuses Biden of breaking pardon rules with autopen use after bombshell report

    September 9, 2025
    Ted Cruz torches Biden for ‘partisan and personal motives’ after bombshell report on autopen pardons

    Ted Cruz torches Biden for ‘partisan and personal motives’ after bombshell report on autopen pardons

    September 9, 2025
    Inside Epstein’s infamous “birthday book”: Clinton’s note, poolside candids and bizarre animal pics

    Inside Epstein’s infamous “birthday book”: Clinton’s note, poolside candids and bizarre animal pics

    September 9, 2025
    ‘No means of escape’: Sudanese rebels create kill zones around besieged city

    ‘No means of escape’: Sudanese rebels create kill zones around besieged city

    September 9, 2025

    Top News

    Ted Cruz accuses Biden of breaking pardon rules with autopen use after bombshell report

    Ted Cruz accuses Biden of breaking pardon rules with autopen use after bombshell report

    September 9, 2025
    Ted Cruz torches Biden for ‘partisan and personal motives’ after bombshell report on autopen pardons

    Ted Cruz torches Biden for ‘partisan and personal motives’ after bombshell report on autopen pardons

    September 9, 2025

    Latest News

    • Ted Cruz accuses Biden of breaking pardon rules with autopen use after bombshell report
    • Ted Cruz torches Biden for ‘partisan and personal motives’ after bombshell report on autopen pardons
    • Inside Epstein’s infamous “birthday book”: Clinton’s note, poolside candids and bizarre animal pics

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

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

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.