AIRLINK 74.00 Decreased By ▼ -0.25 (-0.34%)
BOP 5.14 Increased By ▲ 0.09 (1.78%)
CNERGY 4.55 Increased By ▲ 0.13 (2.94%)
DFML 37.15 Increased By ▲ 1.31 (3.66%)
DGKC 89.90 Increased By ▲ 1.90 (2.16%)
FCCL 22.40 Increased By ▲ 0.20 (0.9%)
FFBL 33.03 Increased By ▲ 0.31 (0.95%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.75 Decreased By ▼ -0.05 (-0.46%)
HBL 115.50 Decreased By ▼ -0.40 (-0.35%)
HUBC 137.10 Increased By ▲ 1.26 (0.93%)
HUMNL 9.95 Increased By ▲ 0.11 (1.12%)
KEL 4.60 Decreased By ▼ -0.01 (-0.22%)
KOSM 4.83 Increased By ▲ 0.17 (3.65%)
MLCF 39.75 Decreased By ▼ -0.13 (-0.33%)
OGDC 138.20 Increased By ▲ 0.30 (0.22%)
PAEL 27.00 Increased By ▲ 0.57 (2.16%)
PIAA 24.24 Decreased By ▼ -2.04 (-7.76%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.62 Increased By ▲ 0.72 (0.59%)
PRL 27.40 Increased By ▲ 0.71 (2.66%)
PTC 13.90 Decreased By ▼ -0.10 (-0.71%)
SEARL 61.75 Increased By ▲ 3.05 (5.2%)
SNGP 70.15 Decreased By ▼ -0.25 (-0.36%)
SSGC 10.52 Increased By ▲ 0.16 (1.54%)
TELE 8.57 Increased By ▲ 0.01 (0.12%)
TPLP 11.10 Decreased By ▼ -0.28 (-2.46%)
TRG 64.02 Decreased By ▼ -0.21 (-0.33%)
UNITY 26.76 Increased By ▲ 0.71 (2.73%)
WTL 1.38 No Change ▼ 0.00 (0%)
BR100 7,874 Increased By 36.2 (0.46%)
BR30 25,596 Increased By 136 (0.53%)
KSE100 75,342 Increased By 411.7 (0.55%)
KSE30 24,214 Increased By 68.6 (0.28%)

WASHINGTON: The Biden administration's next security assistance package for Ukraine is expected to include four High Mobility Artillery Rocket System (HIMARS) launchers, munitions, mines and mine-resistant vehicles, two sources briefed on the $625 million package told Reuters on Monday.

The package, expected to be announced as soon as Tuesday, is the first aid package since Russia's most recent declared annexation of Ukrainian territory and the second Presidential Drawdown Authority (PDA) since Ukraine made large battlefield gains in mid-September.

Russia's declared annexations followed what it called referendums in occupied areas of Ukraine. Western governments and Kyiv said the votes breached international law and were coercive and non-representative.

By using drawdown authority, the four HIMARS launchers and associated rockets, some 200 Mine-Resistant Ambush Protected (MRAP) vehicles, ammunition for Howitzers and mines, can be sent to Ukraine in the coming days.

Presidential Drawdown Authority allows the US to transfer articles and services from stocks quickly without congressional approval in response to an emergency.

This is the first package of the US government's 2023 fiscal year which is currently functioning under a stop gap-funding measure and allows President Joe Biden to drawdown up to $3.7 billion in surplus weapons for transfer to Ukraine through mid-December.

Putin warns of new targets if Ukraine supplied with long-range missiles

Last week, the United States unveiled a $1.1 billion arms package for Ukraine which included 18 High Mobility Artillery Rocket System (HIMARS) launcher systems, accompanying munitions, various types of counter drone systems and radar systems.

But last week's aid package was funded by the Ukraine Security Assistance Initiative (USAI) meaning the government has to procure the weapons from industry, rather than pulling them from existing US weapons stocks.

Made by Lockheed Martin Corp the HIMARS launchers' accuracy and longer range have allowed Kyiv to reduce Russia's artillery advantage.

The US has thus far pledged 16 HIMARS launchers to Ukraine using PDA.

The White House declined to comment on the package.

The officials, speaking on the condition of anonymity, said that the weapons package can change in value and content until the last minute.

This announcement would mark more than $16.8 billion worth of US security assistance since Russia invaded Ukraine on Feb. 24.

Comments

Comments are closed.