US announces $6 billion long-term aid for Ukraine

by | Apr 26, 2024

US Defense Secretary Lloyd Austin revealed on Friday a substantial $6 billion long-term military aid package for Ukraine, marking the largest assistance package to date. This initiative will enable the United States to procure new equipment from the American defense industry for the Ukrainian military.

In contrast to drawdown packages that involve directly withdrawing military equipment from US stocks, Friday's aid announcement falls under the Ukraine Security Assistance Initiative (USAI). This initiative involves contracting with industry to procure equipment for Ukraine, ensuring a long-term supply of weapons and gear.

Secretary Austin noted on Friday that the delivery timeline would vary based on the systems purchased, but the Pentagon is committed to expediting the process and securing capabilities for Ukraine as swiftly as possible, in alignment with industry production capacities.

Austin and Brown's press conference came after the virtual Ukraine Defense Contact Group meeting on Friday morning, coincidentally held exactly two years after the inaugural meeting in Germany.

 

Source: CNN

 

 

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