Jannah Theme License is not validated, Go to the theme options page to validate the license, You need a single license for each domain name.
Personal Defense

Sweden to provide Ukraine with $1.2 billion military aid package

PARIS — Sweden will provide Ukraine with 13.5 billion kronor (US$1.23 billion) in funding and equipment in its biggest military aid package yet, the government said on Thursday.

The Nordic country will double the amount of Stridsbåt 90 combat boats it’s donating from Swedish armed forces stocks to 32 boats, Minister for Defence Pål Jonson said in a post on X. Other equipment will include 1,500 TOW anti-tank missiles and 200 AT4 anti-tank weapons, with total donations from stocks amounting to about $294 million, or around 25% of the aid package.

Sweden will provide about 5.9 billion kronor to buy newly produced defense equipment for Ukraine from Swedish and international manufacturers, the government said in a statement. That financing can be directed to priority needs such as artillery, long-range strike capabilities and drones, according to Jonson.

“A short delivery time is important,” the minister said.

The latest aid package, Stockholm’s 18th, brings Sweden’s military support for Ukraine to about 61.9 billion kronor, the government said. The country has been one of the top donors of military aid to Ukraine, ranking sixth in terms of the absolute level of material support provided, according to the Kiel Institute for the World Economy’s Ukraine Support Tracker.

Another $71 million will go to repair and maintenance of equipment already donated by Sweden. The Swedes have previously provided Ukraine with gear including Leopard 2 battle tanks, CV90 combat vehicles and Archer self-propelled howitzers.

The country will provide about $250 million towards different international funds, and allocate $178 million for the Danish model of ordering weapons from Ukraine’s defense industry, according to Jonson.

“This also builds sustainability and resilience within Ukraine,” he said.

The intention is to allocate about 1 billion kronor to the production of Ukrainian long-range missiles and long-range drones, according to the government.

Rudy Ruitenberg is a Europe correspondent for Defense News. He started his career at Bloomberg News and has experience reporting on technology, commodity markets and politics.

Leave a Reply

Your email address will not be published.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

Back to top button