U.S. unveils $988 million aid package for Ukraine including rockets and drones
U.S. Defense Secretary Lloyd Austin testifies before a U.S. House Appropriations Defense Subcommittee hearing on President Biden’s proposed budget request for the Department of Defense, on Capitol Hill in Washington, March 23, 2023. Michael A. McCoy | Reuters The United States unveiled a $988 million aid package of new arms and equipment to Ukraine for its ongoing fight against Russia’s invasion on Saturday. The package nearly halves the available $2.21 billion remaining in Ukraine Security Assistance Initiative as the Biden administration works to commit to buying weapons from industry, rather than pulling from U.S. weapons stocks. The USAI funds will be put toward buying ammunition for High Mobility Artillery Rocket Systems (HIMARS) made by Lockheed Martin as well as drones and spare parts to maintain artillery equipment, according to the Pentagon. Announcement of the package came on Saturday as the defense industry and policy makers meet at the annual Reagan National Defense Forum in California. The Biden administration has often used Presidential Drawdown Authority, which authorizes President Joe Biden to transfer excess articles and services …