Smart Capital Traders
  • Politics
  • Investing
  • Latest News
  • Stocks

Smart Capital Traders

  • Politics
  • Investing
  • Latest News
  • Stocks
Politics

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

by admin December 31, 2024
December 31, 2024
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
Miles-long anchor drag mark found on Baltic seabed after suspicious cable damage, Finnish investigators say
next post
10 rising stars in Democrat, Republican parties expected to emerge in 2025

related articles

Trump visits Qatar as country’s jet offer puts...

May 14, 2025

Lawsuit tracker: New resistance battling Trump’s second term...

February 22, 2025

SENS. BERNIE SANDERS AND JOSH HAWLEY: Cap credit...

February 13, 2025

Vance says India-Pakistan conflict ‘none of our business’...

May 10, 2025

October Fests: A potpourri of late election-year ‘surprises’...

October 26, 2024

LA man found guilty of scamming investors, Hollywood...

April 6, 2025

Influential leader of Canada’s Ontario province seeks Trump,...

January 12, 2025

Nearly all of DC shut down for Trump’s...

January 22, 2025

Eric Trump reveals if dad would prosecute Hillary...

October 29, 2024

Federal judge orders Elon Musk, DOGE to reveal...

March 13, 2025

    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.

    Most Popular

    • 1

      Retraction of Forecast Financial Information Plus Announcement on New Metallurgical Testwork Results

      October 15, 2024
    • 2

      Bold Ventures Announces Final Closing of Non-Brokered Private Placement and Insider Subscriptions

      October 19, 2024
    • 3

      As North Korea, Iran and China support Russia’s war, is a ‘new axis’ emerging?

      October 25, 2024
    • 4

      Lode Gold Launches Exploration Program at One of the Largest Land Packages in New Brunswick

      October 19, 2024
    • 5

      Emyria and UWA in Partnership to Commercialise Novel Serotonin-Releasing Agents for Mental Health and Neurology

      October 31, 2024

    Categories

    • Investing (1,916)
    • Latest News (2,256)
    • Politics (2,372)
    • Stocks (790)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: smartcapitaltraders.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 smartcapitaltraders.com | All Rights Reserved