View all newsletters
Receive our newsletter – data, insights and analysis delivered to you
  1. News
June 16, 2022

US announces additional $1bn in security assistance to Ukraine

Approximately $5.6bn in security assistance support for Ukraine has been announced by the US since the start of the invasion.

Understand the impact of the Ukraine conflict from a cross-sector perspective with the GlobalData 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 GD50 ADS
Enter your details here to receive your free Report.

US President Joe Biden has approved an additional $1bn in security assistance to strengthen the abilities of the Ukrainian armed forces in their fight against the Russian invasion.

The military package is the latest tranche bound for Ukraine and includes approximately $350m from the Presidential Drawdown Authority (PDA).

This drawdown includes equipment such as 18 155mm howitzers, 36,000 rounds of 155mm ammunition, 18 tactical vehicles to tow the 155mm howitzers, more ammunition for high-mobility artillery rocket systems, and four tactical vehicles to recover equipment, and spare parts and other equipment.

These capabilities will be drawn down from existing US military stocks.

The remaining $650m in support will come from the Ukraine Security Assistance Initiative (USAI) and includes two Harpoon coastal defence systems, thousands of secure radios, thousands of night vision devices, thermal sights and other optics, and funding for training, maintenance, sustainment, transportation, and administrative costs.

The US will procure these capabilities under the USAI from the industry via purchase or contracts.

A US defence official said: “This new assistance will support Ukraine’s most urgent needs for artillery, as well as near-term priorities for coastal defence, secure communications, and optics.”

“The provision of [the] Harpoon is not in response to any particular piece of new information.

“It’s a combination of continued consultation with the Ukrainians, and coastal defence still being near the top of their urgent requirements list.”

To date, the Biden Administration has committed nearly $6.3bn in security assistance to Ukraine. This includes approximately $5.6bn since the start of the Russian aggression on 24 February.

The US has pledged over $8.3bn in security assistance to the war-hit country since 2014.

In addition to the US, more than 50 nations have committed to help build Ukraine’s military capabilities.

As part of this pledge, Germany will provide three M270 Mittleres Artillerie Raketen System (MARS) launchers, as well as ammunition for guided multiple launch rocket systems (GMLRS).

Slovakia will donate MI-series helicopters and rocket ammunition while Canada, Poland, the Netherlands, and other nations will make new artillery donations.

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 GD50 ADS
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