Search

Blinken: $2 Billion In New U.S. Security Aid To Ukraine Will Support ‘Defense Enterprise Fund’

Blinken: $2 Billion In New U.S. Security Aid To Ukraine Will Support ‘Defense Enterprise Fund’
Secretary Antony J. Blinken holds a joint press availability with Ukrainian Foreign Minister Dmytro Kuleba in Kyiv, Ukraine, May 15, 2024. (Official State Department photo by Chuck Kennedy)

The U.S. has approved providing another $2 billion in Foreign Military Financing (FMF) for Ukraine, which Secretary of State Antony Blinken said on Wednesday would come in the form of a “first-of-its-kind defense enterprise fund.” During his visit to Kyiv, Blinken said the new fund will cover three main components: FMF funds Ukraine can use to purchase U.S-made weapons it requires in the near-term, investments in Ukraine’s industrial base, “helping to strengthen even more its capacity to produce what it…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Upgrading Current GPS Ground System “Now a Viable Option,” As GPS OCX Problems Continue, Space Official Says

Upgrades to the GPS ground system–the Architecture Evolution Plan (AEP)–is an option under consideration by the Defense Department’s space acquisition chief, as problems continue in fielding the GPS Next Generation […]


Graham Says GOP To Move Ahead On Second Reconciliation Bill, With Defense Funds As Priority

Senate Budget Committee Chair Lindsey Graham (R-S.C.) said Wednesday, with the White House’s backing, his panel will move “expeditiously” on crafting a second reconciliation bill, citing priorities for defense and […]


Hegseth Acknowledges Potential $200 Billion Iran Supplemental Request, Final Figure ‘Could Move’

Defense Secretary Pete Hegseth on Thursday acknowledged the Pentagon could potentially ask Congress for $200 billion in supplemental funding to support the ongoing operation against Iran and replenish munitions used […]


Counter-Drone Flyaway Kit Used In U.S. In Early Hours Of Iran Strikes, NORTHCOM Head Says

U.S. Northern Command (NORTHCOM) used a counter small unmanned aircraft system (sUAS) flyaway kit (FAK) in the early hours of the strikes against Iran on Feb. 28, according to Air […]