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Reuters
Reuters
Business
By Mike Stone

U.S. announces $1.2 billion in military aid for Ukraine

FILE PHOTO: Ukrainian service members unpack Javelin anti-tank missiles, delivered by plane as part of the U.S. military support package for Ukraine, at the Boryspil International Airport outside Kyiv, Ukraine February 10, 2022. REUTERS/Valentyn Ogirenko

The United States announced on Tuesday a new $1.2 billion military aid package for Ukraine that will include air defense systems, ammunition and funds for training, the Pentagon said.

Ukraine Security Assistance Initiative (USAI) funds will be used to purchase the weapons, allowing President Joe Biden's administration to buy weapons from industry rather than pull them from U.S. stocks. Delivery of the weapons and systems depends on their availability and production timeline.

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