• About us
  • Contact Us
Friday, June 12, 2026
No Result
View All Result
The World Monitor
  • The World Monitor
  • Middle East
  • Africa
  • World
  • Economy
  • Sports
  • Climate
  • Technology
  • Crypto
  • The World Monitor
  • Middle East
  • Africa
  • World
  • Economy
  • Sports
  • Climate
  • Technology
  • Crypto
No Result
View All Result
The World Monitor
No Result
View All Result
Home World

US Congress Increases Military Funding to $6 Billion

May 3, 2024
US Congress Increases Military Funding to $6 Billion
Share on FacebookShare on TwitterShare on Whatsapp

The US Army announced that Congress increased its funding allocation from $3 billion to $6 billion for the purchase and production of 155-millimeter artillery rounds.

This increase is to replenish stocks that have been depleted due to support provided to Ukraine and now Israel, according to an Army official.

Since Russia’s invasion of Ukraine in February 2022, there has been a significant surge in demand for these artillery rounds, as allies have been supplying large quantities to Kyiv, which uses thousands daily.

Doug Bush, the Army’s chief weapons buyer, expressed that the funding increase to $6 billion in the newly signed $95 billion supplemental bill represents strong support as they aim to boost production to 100,000 shells per month by the summer of 2025.

This production increase is also beneficial to defence contractors like General Dynamics, which profits from Pentagon contracts to replace military supplies sent to Ukraine.

Washington is finalizing one of the largest military aid packages for Ukraine, preparing to sign weapons contracts worth $6 billion.

The US is expected to announce these contracts for Ukraine, although their delivery may take several years.

The reported contracts will include Patriot air defence systems, artillery ammunition, drones, anti-aircraft weapons, and air-to-air missiles.

It’s anticipated that Kyiv won’t receive these weapons for several years, as the funds are allocated through the Security Assistance Initiative for Ukraine.

This means the US government will contract American defense companies to produce new technology and equipment for Ukraine, rather than sending existing weapons from the Pentagon’s inventory.

NATO Secretary-General Jens Stoltenberg recently stated that the United States and Europe haven’t fulfilled promised military support to Ukraine in recent months.

Tags: UkraineUS Congress
Next Post
Libya & IMF Discuss Financial Situation

Libya & IMF Discuss Financial Situation

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

2 Terrorists Killed in Algeria

2 Terrorists Killed in Algeria

2 years ago
Algeria Evacuates Injured Children from Gaza

Algeria Evacuates Injured Children from Gaza

2 years ago

Popular News

  • China Highlights “COP28” Progress on Fossil Fuels

    Tunisia Intercepts 70,000 Migrants in 2023

  • UAE Launches Initiative to Provide Humanitarian Aid to Syria

  • Houthi Militants Threaten with Unpredictable Military Strategies in Red Sea

  • Harry’s ex-girlfriend decided ‘a royal life wasn’t for her’ as a result of press intrusion

  • Honda Announces Comeback to Formula 1 as Aston Martin’s Engine Supplier

Follow us

"Connecting the World to the Heartbeat of Middle East and Africa – Your Trusted Source for News and Insights."

  • The World Monitor
  • Middle East
  • Africa
  • World
  • Economy
  • Sports
  • Climate
  • Technology
  • Crypto

ABOUT US

CONTACT US

Privacy Policy

  • About us
  • Contact Us

© 2023 THE WORLD MONITOR

No Result
View All Result
  • Home
  • Africa
  • World
  • Economy
  • Climate
  • Sports
  • Crypto
  • Technology

© 2023 THE WORLD MONITOR