Biden announces $2.98B Ukraine security assistance package

Get real time updates directly on you device, subscribe now.

President Joe Biden on Wednesday announced a new $2.98 billion security assistance package to Ukraine as the country continues to fight for its sovereignty six months after Russia’s invasion.

The massive funding package, announced on Ukraine’s independence day, will go toward weapons and equipment provided under the Ukraine Security Assistance Initiative, Biden said in a statement. The package marks the United States’ shift to a longer-term strategy to equip Ukraine to fight for years to come — while earlier shipments had focused on more immediate needs for weapons or ammunition.

“This will allow Ukraine to acquire air defense systems, artillery systems and munitions, counter-unmanned aerial systems, and radars to ensure it can continue to defend itself over the long term,” Biden said in the statement.