The Pentagon overcounted the value of weapons and other equipment sent to Ukraine by roughly $3 billion, an error that means more U.S. defense funds will be available to support the Ukrainian effort to beat back the Russian invasion
he Pentagon said Thursday that it had overcounted the value of weapons and other equipment sent to Ukraine by roughly $3 billion, an error that means more U.S. defense funds will be available to support the Ukrainian effort to beat back the Russian invasion.
“The department discovered inconsistencies in equipment value for Ukraine,” Pentagon Spokeswoman Sabrina Singh said in a statement. “In some cases, ‘replacement cost’ rather than ‘net book value’ was used, therefore overestimating the value of the equipment drawn down from U.S. stocks.”
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pentagon overestimated value of weapons for Ukraine by $3bn\n\t\t\tGet local insights from Lisbon to Moscow with an unrivalled network of journalists across Europe,\n\t\t\texpert analysis, our dedicated ‘Brussels Briefing’ newsletter. Customise your myFT page to track\n\t\t\tthe countries of your choice.\n\t\t
Read more »
Ukraine claims they have killed 200,000 Russians - with one dead every 3 MINUTESUKRAINE have claimed they have killed 200,000 Russian soldiers in a new grim milestone. The staggering figure would mean one of Vladimir Putin’s soldiers has died every three minutes since th…
Read more »
Ukraine war latest: Russia will be 'exceptionally concerned' as Ukraine shoots down Putin's 'undefeatable' ballistic missileThe shooting-down of KILLJOY air-launched ballistic missiles, which Vladimir Putin has described as 'undefeatable', will be a 'surprise and an embarrassment' for the Russian president. Listen to our Daily podcast on how long the West could fund the war while you scroll.
Read more »
Kerax: state-of-the-art Lancashire wax manufacturer doing its part with Ukraine candle donationDespite being the UK’s foremost wax manufacturer, leading an industry which spans sectors as wide and varied as pharmaceutical cosmetic, industrial, and commercial, Chorley-based company Kerax knows a thing or two about overcoming adversity and thriving.
Read more »
Ukraine-Russia war latest: 'Embarrassment' for Putin as Kyiv shoots down his 'undefeatable' ballistic missileThe shooting-down of KILLJOY air-launched ballistic missiles, which Vladimir Putin has described as 'undefeatable', will be a 'surprise and an embarrassment' for the Russian president. Listen to our Daily podcast on how long the West could fund the war while you scroll.
Read more »