The United States is expected to announce $1.25 billion in military aid to Ukraine on Monday, according to officials. The package includes munitions for air defense systems, Stinger missiles, and artillery rounds. The new aid package uses presidential drawdown authority, which allows the Pentagon to take weapons off the shelves and quickly ship them. The announcement comes as the Biden administration works to allocate remaining funds before the January 20th transition. Concerns linger about the incoming Trump administration's potential stance on Ukraine aid, given Trump's remarks on negotiating with Russia.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The United States is expected to announce $1.25 billion of military aid to Ukraine on Monday,
00:07according to officials. The package includes munitions for air defense systems,
00:11Stinger missiles, and artillery rounds. The new aid package uses presidential drawdown authority,
00:16which allows the Pentagon to take weapons off the shelves and quickly ship them.
00:21The announcement comes as the Biden administration works to allocate
00:24remaining funds before the January 20 transition. Concerns linger about the
00:28upcoming Trump administration's potential stance on Ukraine aid,
00:32given Trump's remarks on negotiating with Russia.