Biden Admin to Give Ukraine Another $820 Million in Military Aid

Democrat President Joe Biden’s administration has announced a new security assistance package that will send another $820 million in military aid to Ukraine.

The assistance comprises of $770 million in Ukraine Security Assistance Initiative (USAI) funds plus an authorization of a Presidential Drawdown (PDA) of security assistance valued at up to $50 million.

The PDA is the 14th drawdown of arms and equipment from the Pentagon’s inventories since August 2021.

The United States has committed a total of about $6.92 billion in military aid to Ukraine to fight Russian forces since Russia invaded Ukraine on February 24.

Prior to the invasion, the United States had committed some $1.8 billion in weapons and military training to Ukraine since 2014.

$700 million of the $1.8B came from the Biden administration.

The latest $820 million aid package was broadly announced by President Joe Biden at a news conference on Thursday in Madrid, which was the third and final day of the NATO summit focused on the Russia-Ukraine war.

“We are going to support Ukraine as long as it takes,” Biden said, adding that the United States is giving Ukrainians “the capacity” so that “they can continue to resist the Russian aggression.”

The Pentagon issued a more comprehensive announcement on Friday as it formalized the announcement.

It said that the USAI funds in the latest aid package will provide Ukraine with two National Advanced Surface-to-Air Missile Systems (NASAMS), a Norwegian-developed anti-aircraft system that is used to protect the airspace around the White House and Capitol in Washington.

Ukrainian President Volodymyr Zelenskyy expressed his gratitude in his nightly video address, saying on Friday: “I am especially grateful today to the United States and to Biden personally for the package of support for Ukraine announced today, which includes very powerful NASAMS—an anti-aircraft missile system that will significantly strengthen our air defense.

“We have worked hard for these supplies.”

The USAI funds will also provide for up to 150,000 rounds of 155mm artillery ammunition, as well as four additional counter-artillery radars.

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The counter artillery radars being sent are the Raytheon-Technologies AN/TPQ-37 systems, a senior defense official told media, reported Reuters.

This is the first time these systems are being sent to Ukraine which have about triple the effective range of the previously sent AN/TPQ-36 systems.

The radars will require weeks at a minimum for defense companies to build.

Ukrainians are also being trained to use the newly provided systems.

The package will also include additional ammunition for High Mobility Artillery Rocket Systems (HIMARS), provided by the PDA authorization.

The Pentagon had provided the medium-range rocket systems to Ukraine in June.

Much of the aid will take weeks or months to reach Ukraine.

Secretary of State Antony Blinken said in a statement following the announcement of the aid: “As the United States prepares to commemorate our independence, we remain committed to the independence, security, sovereignty, and territorial integrity of Ukraine.”

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By Nick R. Hamilton

Nick has a broad background in journalism, business, and technology. He covers news on cryptocurrency, traditional assets, and economic markets.

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