US approves $2.7 billion sale of defense equipment to Ukraine — The Hindu
The US State Department has approved the potential sale to Ukraine of equipment and services for the development and modernization of air defense worth $2.7 billion. This is stated in a notification to Congress released on the evening of September 18, The Hindu reports.
Potential sale
The State Department’s approval concerns a potential military sale, rather than a completed purchase. It includes equipment and services related to the modernization and development of Ukraine’s air defense.
The US agency reported this in a notification sent to the US Congress. The stated value of the potential sale is $2.7 billion.
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Purchase financing
If the purchase is completed, Ukraine is expected to finance it through a combination of European contributions and funds from the Foreign Military Financing (FMF) program, the State Department said.
According to the agency, FMF funds for this purpose were appropriated under the administration of former US President Joe Biden. The notification does not specify the exact amounts of funding from each of the stated sources.
