View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
March 24, 2022

UK doubles military aid for Ukraine as conflict completes one month

The new package will include 6,000 new defensive missiles and financial assistance for the Ukrainian military.

Understand the impact of the Ukraine conflict from a cross-sector perspective with the Global Data Executive Briefing: Ukraine Conflict

Free Report
img

Latest Updates on the Ukraine/Russia Crisis

Whilst at its core a humanitarian crisis, the Russian invasion of Ukraine risks adding materially to existing global economic and supply challenges. We are likely heading into a period in which geopolitics will become a regular part of boardroom discussions. Recent developments have seen Russian companies make significant progress around the world to supply countries with equipment in various Aerospace, Defense & Security sectors. This means that countries dependent on Russian arms for their security calculations should review all purchases and clauses regarding their programs and payments. Download GlobalData’s 5th Ukraine Conflict Executive Briefing to learn more. This report is part of a continued series that is renewed monthly with the latest data and analysis, as the conflict develops and has wider implications across sectors. Access the latest macro-economic forecasts, charts with the latest data, and our updated sanctions tracker, as well as our updated sector scorecards to reflect the current views on the impact of the crisis at a company level.
by GlobalData
Enter your details here to receive your free Report.

The UK is set to announce a new package of military assistance for Ukraine, as the ongoing conflict completes one month.

The new package will include 6,000 new defensive missiles, comprising anti-tank and high explosive weapons. It will also send $33m (£25m) in financial assistance for the Ukrainian military.

British Prime Minister Boris Johnson will announce the new military assistance package at the Nato and G7 leaders’ meetings scheduled for later today.

The new package will more than double the UK’s defensive lethal aid to Ukraine to approximately 10,000 missiles.

The UK has also committed $528m (£400m) in humanitarian and economic aid.

During the meeting with Nato and G7 leaders, Prime Minister Johnson is also expected to urge the allies to increase military assistance for Ukraine, as well as economic sanctions against Russia.

Johnson said: “The Ukrainian people have shown themselves to be extraordinarily brave and tenacious in defending their homeland, in the face of an unprovoked onslaught.

“But we cannot, and will not, stand by while Russia grinds Ukraine’s towns and cities into dust. The UK will work with our allies to step up military and economic support to Ukraine, strengthening their defences, as they turn the tide in this fight.”

Germany has started sending additional supplies of Strela missiles to Ukraine following multiple delays, reported Reuters.

Sweden is also sending an additional 5,000 anti-tank weapons to the war-affected country.

Last week, US President Biden signed an order to transfer an additional $800m worth of military equipment to Ukraine.

Related Companies

Free Report
img

Latest Updates on the Ukraine/Russia Crisis

Whilst at its core a humanitarian crisis, the Russian invasion of Ukraine risks adding materially to existing global economic and supply challenges. We are likely heading into a period in which geopolitics will become a regular part of boardroom discussions. Recent developments have seen Russian companies make significant progress around the world to supply countries with equipment in various Aerospace, Defense & Security sectors. This means that countries dependent on Russian arms for their security calculations should review all purchases and clauses regarding their programs and payments. Download GlobalData’s 5th Ukraine Conflict Executive Briefing to learn more. This report is part of a continued series that is renewed monthly with the latest data and analysis, as the conflict develops and has wider implications across sectors. Access the latest macro-economic forecasts, charts with the latest data, and our updated sanctions tracker, as well as our updated sector scorecards to reflect the current views on the impact of the crisis at a company level.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The defence industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Army Technology