Pentagon accounting error overvalued Ukraine military aid by $3 billion
1 year, 7 months ago

Pentagon accounting error overvalued Ukraine military aid by $3 billion

Firstpost  

The Pentagon on Thursday revealed that it has overcounted the value of the military aid the United States sent to Ukraine by at least $3 billion, according to a report. According to The Hill report, citing a defense official, the Pentagon is still determining the total over-valuation but assesses it to be at least $3 billion, which effectively means that another $3 billion worth of weapons is now available to be given to Ukraine The Wall Street Journal had first reported that the Defence Department overestimated the value of the missiles, vehicles, ammunition and other equipment it sent from US stocks to Ukraine due to an accounting error. Republican lawmakers express frustration Still, some Republican lawmakers expressed frustration Thursday at the error, including House Foreign Affairs Committee Chairman Michael McCaul and House Armed Services Committee Chairman Mike Rogers. “The revelation of a three-billion-dollar accounting error discovered two months ago and only today shared with Congress is extremely problematic, to say the least,” The Hill quoted the the two saying in a joint statement.

History of this topic

US unveils $500m military aid for Ukraine as Russia closes in on key city
1 week, 4 days ago
US disburses $20 billion Ukraine loan backed by profits from Russian assets
1 week, 5 days ago
US transfers $20 billion to Ukraine funded by seized Russian assets
1 week, 6 days ago
Pentagon unveils new $988 million aid package for Ukraine, features drones and artillery systems
2 weeks, 2 days ago
U.S. Announces Nearly $1 Billion More In Longer-Term Weapons Support For Ukraine
2 weeks, 2 days ago
US announces nearly $1 billion more in longer-term weapons support for Ukraine
2 weeks, 2 days ago
Biden administration unveils new $988m US military aid package for Ukraine
2 weeks, 3 days ago
Washington, Berlin to offer more military aid for Kyiv
2 weeks, 6 days ago
Before Trump comes in, Biden sends $725 mn more in arms to Ukraine
2 weeks, 6 days ago
Biden trying to ‘put Ukraine in the strongest possible position’ with new aid package, White House says
3 weeks ago
Russia-Ukraine war: EU pledges $19 bn for outgunned and outspent Kyiv
3 weeks, 4 days ago
Biden to leave Trump with billions for Ukraine weapons
3 weeks, 4 days ago
Ahead of Trump's inauguration, Biden readying $725 million arms aid package for Ukraine: Report
3 weeks, 4 days ago
Pentagon unlikely to use all of the billions Congress authorized it to spend on Ukraine weapons before Biden leaves office, officials say
3 weeks, 6 days ago
Pentagon allows US military contractors to fix weapons in Ukraine
1 month, 2 weeks ago
The Pentagon is letting a small number of U.S. defense contractors fix weapons in Ukraine
1 month, 2 weeks ago
As the world waits for Trump, time runs out for Biden to help Ukraine
1 month, 2 weeks ago
The U.S. is giving Ukraine billions more in weapons. Here’s how they will help
2 months, 4 weeks ago
US expected to announce billions in Ukraine aid after Congress fails to include extension in stopgap government funding bill
3 months ago
US military aid packages to Ukraine shrink amid concerns over Pentagon stockpiles
3 months, 1 week ago
Nearly $6 billion in funding for Ukraine will expire if Congress doesn’t act by the end of the month
3 months, 1 week ago
US and UK pledge almost $1.5 billion to help Ukraine during diplomats’ visit to Kyiv
3 months, 1 week ago
Biden talks with Zelensky, announces new military aid for Kyiv
4 months ago
The US is sending $125 million in new military aid to Ukraine
4 months ago
US will send $1.7 billion in military aid to Ukraine
4 months, 3 weeks ago
Pentagon finds another $2 billion of accounting errors for Ukraine aid
4 months, 4 weeks ago
Ukraine reaches preliminary deal with bondholder group on $20-billion debt restructure
5 months ago
US set to announce over $2.3 billion arms package for Ukraine, Pentagon says
5 months, 3 weeks ago
Defense Secretary Austin says the US will provide $2.3 billion more in military aid to Ukraine
5 months, 3 weeks ago
Defense Secretary Austin says U.S. will provide $2.3 billion more in military aid to Ukraine
5 months, 3 weeks ago
Trump criticizes US aid to Ukraine, promises to “have that settled” if reelected
6 months, 1 week ago
US to send new $225 million military aid package to Ukraine, officials say
6 months, 2 weeks ago
US to send new $225 million military aid package to Ukraine, officials say.
6 months, 2 weeks ago
US approves $275mn of weapons and military aid to Ukraine as Russia advances its assault on Kharkiv
6 months, 4 weeks ago
U.S. Announces $275 Million Weapons Package To Ukraine Amid Calls To Loosen Limits
6 months, 4 weeks ago
US announces $275M in new military assistance for Ukraine
6 months, 4 weeks ago
US will announce $275 million more in artillery and ammunition for Ukraine, officials say
7 months ago
Ukraine humanitarian aid falling while needs rise: UN
7 months ago
Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
7 months ago
US announces a new $400 million package of weapons for Ukraine to try to hold off Russian advances
7 months, 1 week ago
Aid for war: On the United States Senate and aid package
7 months, 3 weeks ago
US announces new missiles for Ukraine as part of $6B aid package
7 months, 4 weeks ago
The US will give $61bn to Ukraine. What does it mean for the war?
7 months, 4 weeks ago
Ukraine putting pressure on fighting-age men outside the country as it tries to replenish forces
7 months, 4 weeks ago
Biden signs bill sending $95BN in aid to Ukraine, Israel and Taiwan
7 months, 4 weeks ago
Pentagon to send $1 billion in air defense weapons and artillery shells to Ukraine within HOURS after Senate passes $61 billion aid bill for Kyiv
7 months, 4 weeks ago
What is in the mega $95billion foreign aid package for Ukraine, Israel and Taiwan passed by Congress
7 months, 4 weeks ago
Biden says first weapons will be sent to Ukraine in HOURS as he signs bill sending $95 billion in aid to Kyiv, Israel and Taiwan and forcing TikTok to be banned if Chinese owner doesn't sell
7 months, 4 weeks ago
Biden says the US is rushing weaponry to Ukraine as he signs a $95 billion war aid measure into law
7 months, 4 weeks ago
More US aid will help Ukraine avoid defeat in its war with Russia. Winning is another matter
7 months, 4 weeks ago

Discover Related