Make a Living ClubMake a Living Club
  • Home
  • News
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • More
    • Economy
    • Politics
    • Real Estate
Trending Now

Box Q3: Limited Alpha Ahead (NYSE:BOX)

December 5, 2025

John Wiley & Sons, Inc. (WLY) Q2 2026 Earnings Call Transcript

December 4, 2025

General Motors Company (GM) Presents at UBS Global Industrials and Transportation Conference Transcript

December 3, 2025

Verizon: Not A Value Trap, The Math Works (NYSE:VZ)

December 2, 2025

John Hancock Multimanager 2015 Lifetime Portfolio Q3 2025 Commentary

December 1, 2025

BitMine Immersion: Major Test Passed So Far (NYSE:BMNR)

November 30, 2025
Facebook Twitter Instagram
  • Privacy
  • Terms
  • Press
  • Advertise
  • Contact
Facebook Twitter Instagram
Make a Living ClubMake a Living Club
  • Home
  • News
  • Business
  • Finance
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • More
    • Economy
    • Politics
    • Real Estate
Sign Up for News & Alerts
Make a Living ClubMake a Living Club
Home » New US military aid package to Ukraine expected to be worth around $1 billion
Politics

New US military aid package to Ukraine expected to be worth around $1 billion

Press RoomBy Press RoomApril 23, 2024
Facebook Twitter Pinterest LinkedIn WhatsApp Email

The Biden administration is preparing a new aid package for Ukraine that is expected to be worth around $1 billion, multiple sources familiar with the matter told CNN, and is set to be approved by President Joe Biden after the Senate passes a new foreign aid funding bill as soon as Tuesday afternoon.

In briefings to Congress in recent weeks, administration officials have indicated that the US will likely send Ukraine long-range ATACMS, or Army Tactical Missile Systems, for the first time as part of the new aid package, three of the sources said.

Ukrainian officials have been asking the US both in private and in public for the long-range missile to target deeper behind Russian lines. American officials have resisted, citing both supplies and further provoking Moscow as excuses.

Last fall the US first sent Ukraine the midrange variant of the missile system, which can reach about 100 miles, while the longer-range version can reach as far as 190 miles.

The package is also expected to include more desperately needed munitions for Ukraine, including air defense and artillery ammunition, Bradley fighting vehicles and demolition weaponry, the sources said.

The text of the legislation passed by the House and set to be approved by the Senate requires the administration to transfer the coveted longer-range ATACMS “as soon as practicable,” unless the president determines that doing so would be detrimental to US national security interests.

The military aid will be sourced from the US’ own stockpiles through a funding mechanism known as presidential drawdown authority, or PDA, and will be the first PDA package for Ukraine since March. It will be significantly larger than that package, however, which was worth only around $300 million that the Pentagon was able to scrounge together from cost savings elsewhere in the department.

A White House official declined to comment on the contents of the PDA except to say that the US is “prepared to quickly send military aid to Ukraine to meet their urgent battlefield and air defense needs as soon as the supplemental passes the Senate and is signed into law.”

US European Command is now working to process the weaponry so that once the Senate passes the aid, it can flow into Ukraine as efficiently as possible, officials told CNN. Once the funding is passed, the Pentagon can begin to transfer the aid “within a week or two,” Celeste Wallander, assistant secretary of defense for international security affairs, told lawmakers earlier this month.

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Lebanese nationals living in the US will be granted humanitarian relief as Israel-Hezbollah conflict continues

Politics October 17, 2024

Huge fundraising powers Democrats’ hopes to flip the House

Politics October 16, 2024

Small Business Administration disaster loan program is out of money after back-to-back hurricanes

Politics October 15, 2024

Harris advisers zero in on Michigan strategy to overcome anticipated losses among some parts of Democratic coalition

Politics October 14, 2024

How hurricane season is affecting the way Americans follow the Trump-Harris race

Politics October 13, 2024

Walz tries to burnish his everyman image with trip home to Minnesota

Politics October 12, 2024
Add A Comment

Leave A Reply Cancel Reply

Latest News

John Wiley & Sons, Inc. (WLY) Q2 2026 Earnings Call Transcript

December 4, 2025

General Motors Company (GM) Presents at UBS Global Industrials and Transportation Conference Transcript

December 3, 2025

Verizon: Not A Value Trap, The Math Works (NYSE:VZ)

December 2, 2025

John Hancock Multimanager 2015 Lifetime Portfolio Q3 2025 Commentary

December 1, 2025

BitMine Immersion: Major Test Passed So Far (NYSE:BMNR)

November 30, 2025
Trending Now

United Natural Foods Q1 Preview: Doesn’t Seem Like An Exciting Opportunity Right Now

November 28, 2025

The housing crisis is pushing Gen Z into crypto and economic nihilism

November 28, 2025

Voya Infrastructure, Industrials And Materials Fund Q3 2025 Commentary

November 27, 2025

Subscribe to Updates

Get the latest sports news from SportsSite about soccer, football and tennis.

Make a Living is your one-stop news website for the latest personal finance, investing and markets news and updates, follow us now to get the news that matters to you.

We're social. Connect with us:

Facebook Twitter Instagram YouTube LinkedIn
Topics
  • Business
  • Economy
  • Finance
  • Investing
  • Markets
Quick Links
  • Cookie Policy
  • Advertise with us
  • Get in touch
  • Submit News
  • Newsletter

Subscribe to Updates

Get the latest finance, markets, and business news and updates directly to your inbox.

2025 © Make a Living Club. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.