Saturday 7 May 2022

Pentagon Draws $1.4 Billion to Replenish Weapon Stocks Sent to Ukraine

 

The funds will go to buying Javelin and Stinger missiles


by Dave DeCamp 

The Pentagon has transferred $1.4 billion out of a new Ukraine Replacement Transfer Fund to replenish the stockpiles of weapons the US has been sending to Ukraine, Washington Examiner reported Friday.

The $1.4 billion came from the $13.6 billion for Ukraine aid that was included in a spending bill President Biden signed into law in March. Out of the $1.4 billion, $1.1 billion will go to the Army to replenish Stinger anti-aircraft missile systems and Javelin anti-tank missile systems, and the Navy is receiving $370 million for Stingers.

Since Russia invaded Ukraine on February 24, the US has sent Kyiv 5,500 Javelins and 1,400 Stingers. It’s estimated that the US has given Ukraine a third of its Javelin stockpiles and a quarter of its Stinger stockpile.

Earlier this week, President Biden visited a Lockheed Martin facility in Alabama that manufactures Javelins in a demonstration of his focus on arming Ukraine. Javelins are a joint project between Lockheed and Raytheon, while Stingers are solely produced by Raytheon, the former employer of Secretary of Defense Lloyd Austin.

Since Russia’s attack, Biden has sent about $3.4 billion in military aid to Kyiv, and that number is set to increase dramatically. He has asked Congress for an additional $33 billion in ne

https://news.antiwar.com/2022/05/06/pentagon-draws-1-4-billion-to-replenish-weapon-stocks-sent-to-ukraine/

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