• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Biden’s Defense Department announces new multibillion-dollar aid packages for Ukraine

by December 31, 2024
written by December 31, 2024

The Department of Defense (DoD) announced two weapons packages for Ukraine on Monday, totaling $2.47 billion. 

The first of the two, the Presidential Drawdown Authority package, with an ‘estimated value’ of $1.25 billion, is meant to ‘provide Ukraine additional capabilities to meet its most urgent needs, including: missiles for air defense; munitions for rocket systems and artillery; and anti-tank weapons,’ the DoD stated in a press release.

‘In addition, DoD announced an approximately $1.22 billion Ukraine Security Assistance Initiative (USAI) package to provide Ukraine with additional air defense, air-to-ground, Unmanned Aerial Systems, and other capabilities to fight Russian aggression.’

The aid packages come as the national debt tracker stands at more than $36 trillion as of Dec. 26. 

The DoD outlined the packages’ capabilities, including missile systems, missiles, munitions, ammunition, anti-armor systems, medical equipment and more.

‘This is the Biden Administration’s twenty-third USAI package and seventy-third tranche of equipment to be provided from DoD inventories for Ukraine since August 2021,’ the statement reads. 

‘The United States continues to work together with some 50 Allies and partners through the Ukraine Defense Contact Group and its associated Capability Coalitions to provide the support Ukraine needs to prevail in its fight against Russian aggression.’

FOX News’ Eric Revell and Liz Friden contributed to this report. 

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Ukraine: How the war shifted in 2024
next post
Netanyahu goes against doctor’s orders, appears in Israeli parliament after surgery

related articles

RNC gets day at Supreme Court to challenge...

November 12, 2025

Rick Scott calls Democrats ‘heartless’ as he pitches...

November 12, 2025

DAVID MARCUS: The 3 issues driving far-left’s split...

November 12, 2025

Michelle Obama reveals ‘infuriating’ moment on Air Force...

November 12, 2025

Longest government shutdown in history nears likely end...

November 12, 2025

Trump makes formal request to Israeli president to...

November 12, 2025

Scalise reveals post-shutdown GOP battle plan as House...

November 12, 2025

Reagan-appointed judge resigns in protest of Trump, warns...

November 12, 2025

Bill to end government shutdown survives key hurdle...

November 12, 2025

Republican erupts at Democrat during shutdown hearing: ‘My...

November 12, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Trump: Europe will ‘take a lot of the burden’ in providing security guarantees for Ukraine

    August 18, 2025
  • Kamala Harris says Trump picked JD Vance to be ‘rubber stamp’ for former president’s ‘extreme agenda’

    July 17, 2024
  • Senate Republicans confirm more than 100 Trump nominees as government shutdown continues

    October 7, 2025
  • Iran regime under ‘immense pressure’ amid incoming Trump admin policies, regional losses, economic woes

    December 27, 2024
  • Pentagon to probe Microsoft’s use of Chinese engineers on sensitive defense systems, Hegseth says

    July 18, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 5

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025

Categories

  • Economy (829)
  • Editor's Pick (6,750)
  • Investing (634)
  • Stock (949)

Latest Posts

  • Italian village offering 1 Euro homes to Americans ‘worn out’ from election results

    November 20, 2024
  • Top GOP rebel angles for powerful House leadership-backed committee post

    December 13, 2024
  • Southern California Edison acknowledges videos suggest link between equipment and Eaton fire

    February 7, 2025

Recent Posts

  • Interview: ‘No one, not even us, can see what you are doing’ — NymVPN’s CSO ahead of launch

    March 3, 2025
  • Federal agencies ordered to use ‘most powerful’ AI systems in first-ever National Security Memo on AI

    October 24, 2024
  • The long line of the papacy: Francis’ death renews focus on the church’s most powerful figures

    April 22, 2025

Editor’s Pick

  • Long HRL: Hormel Foods Outperforms SP500, Trend Confirmation Targets Short-Term Gains

    August 5, 2024
  • Trump brushes back Russia’s Medvedev after ‘war’ warning: ‘Watch his words’

    July 31, 2025
  • How Saudi Arabia’s crown prince became a central player in US-brokered peace talks between Russia and Ukraine

    February 14, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock