Market
What will be the primary use of the $500 million military aid package in Ukraine by the end of 2024?
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Resolution / Starting Odds
Air Defense Systems • 25%
Artillery • 25%
Drones • 25%
Armored Vehicles • 25%
Official reports from the Ukrainian Ministry of Defense or U.S. Department of Defense
Story
Biden Approves $500M Military Aid for Ukraine, Including Air Defense Systems and $20B Loan
Dec 12, 2024, 08:53 PM
The Biden administration has approved a new military aid package for Ukraine, marking the 72nd such drawdown package since the start of Russia's full-scale invasion on February 24, 2022. This latest aid package, valued at around $500 million, includes additional air defense systems, artillery, drones, and armored vehicles. The announcement was made by John Kirby, the U.S. National Security Council spokesperson, who emphasized that the U.S. will continue to provide support to Ukraine until the end of the current administration. The package is part of a broader effort to ensure Ukraine is well-equipped going into 2025, with the Biden administration working to surge deliveries of weapons to Ukraine in its final days in office. This aid comes alongside a $20 billion loan to Ukraine, backed by interest from frozen Russian assets, aimed at supporting Ukraine's economic recovery.
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Defense in Donbas • 25%
Counteroffensive operations • 25%
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Defense in Kyiv • 25%
Defensive operations • 25%
Offensive operations • 25%
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Military expenses • 25%
Humanitarian aid • 25%
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General military support • 25%
Ground Equipment • 25%
Naval Support • 25%
Other • 25%
Air Defense Systems • 25%
Artillery and Ammunition • 25%
Air Defense Systems • 25%
Armored Vehicles • 25%
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HIMARS ammunition • 25%
HARMs • 25%
Armored vehicles • 25%
Drones • 25%
Defensive Capabilities • 25%
Offensive Capabilities • 25%
Offensive capabilities • 25%
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Logistical support • 25%
Training and advisory • 25%