US to send $3 billion in aid to Ukraine as war hits 6 months
Earlier shipments, most of them done under Presidential Drawdown Authority, have focused on Ukraine's more immediate needs for weapons and ammunition and involved materiel that the Pentagon already has in stock that can be shipped in short order. ...

The money will fund contracts for drones, weapons and other equipment that may not see the battlefront for a year or two, they said.
The total of the aid package - which is being provided under the Ukraine Security Assistance Initiative - could change overnight, but not likely by much.
Several officials spoke on condition of anonymity to discuss the aid before its public release.
Unlike most previous packages, the new funding is largely aimed at helping Ukraine secure its medium-to-long-term defense posture, according to officials familiar with the matter.
Earlier shipments, most of them done under Presidential Drawdown Authority, have focused on Ukraine's more immediate needs for weapons and ammunition and involved materiel that the Pentagon already has in stock that can be shipped in short order.
In addition to providing longer-term assistance that Ukraine can use for potential future defense needs, the new package is intended to reassure Ukrainian officials that the United States intends to keep up its support, regardless of the day-to-day back and forth of the conflict, the officials said.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.