U.S. to announce new $400-million military aid package for Ukraine, official says [Globe and Mail, The (Toronto, Canada)]
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Source: Globe and Mail, The
The weapons aid will utilize Presidential Drawdown Authority (PDA), which authorizes the president to transfer articles and services from U.S. stocks without specific U.S. congressional approval during an emergency. As a part of the $95 billion aid bills, Congress authorized $60.8 billion worth of various forms of aid to Ukraine, including $8 billion worth of PDA. The aid announcement is expected as soon as Friday and comes after Russian forces launched an armored ground attack on Friday near Ukraine's second largest city of Kharkiv in the northeast of the country and made small inroads, opening a new front in a war that has long been waged in the east and south. As replenishment funds for articles drawn from stocks are deployed, U.S. defense companies would gain more contracts as the Russia-Ukraine war grinds on. This aid package was first reported by Politico. Experts expect a boost in the order backlog of RTX , along with other major companies that receive government contrac
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