Biden announces $2.5 billion in fresh military aid to Ukraine2Photo© thehindu.com

Biden announces $2.5 billion in fresh military aid to Ukraine

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President Joe Biden said Monday (December 30, 2024) that the United States will send nearly $2.5 billion more in weapons to Ukraine as his administration works quickly to spend all the money it has available to help Kyiv fight off Russia before President-elect Donald Trump takes office.

The package includes $1.25 billion in presidential drawdown authority, which allows the military to pull existing stock from its shelves and gets weapons to the battlefield faster. It also has $1.22 billion in longer-term weapons packages to be put on contract through the separate Ukraine Security Assistance Initiative, or USAI.

Mr. Biden said all longer-term USAI funds have now been spent and pledged to use all the remaining drawdown money before leaving office.