Saturday, July 12, 2025

Latest

Pentagon Overestimates Value of Weapons Sent to Ukraine by $3 Billion

The Pentagon has overestimated the value of the weapons it has sent to Ukraine by at least $3 billion, according to a report by The Wall Street Journal. The error was caused by using the replacement cost of the weapons, rather than their current value, when calculating the total value of the aid.

The admission comes at a critical time when the Biden administration is facing mounting pressure to demonstrate how it intends to continue supporting Ukraine without asking Congress for additional budget.

The error could be an advantage for the war effort, as it will allow the Pentagon to send more weapons to Ukraine without asking Congress for additional funding. The Pentagon has already provided Ukraine with nearly $37 billion in military aid since Russia invaded in February 2022, and is expected to continue providing significant amounts of aid in the coming months.

Ukraine is on the brink of a highly anticipated counteroffensive. President Volodymyr Zelenskyy has said previously that the offensive has been postponed due to inadequate supplies. 

Pentagon spokeswoman Sabrina Singh clarified that this has not limited US support to Ukraine or impeded aid provision to the battlefield. Efforts are underway to determine the exact surplus resulting from the accounting error. The comptroller has instructed the military services to review all past aid packages to Ukraine using the accurate cost figures. Consequently, the Department will gain greater funding authority as the Ukraine offensive draws near.

The department also said that it is working to correct the error and that it will provide Congress with an updated report on the value of the aid in the coming weeks.

In related news, the Pentagon really has a math problem.


Information for this story was found via The Wall Street Journal, the Associated Press, the New York Times, Yahoo, Twitter, and the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Mergers Set the Stage for Uranium’s Growth Cycle | Forum-Baselode Merger

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Snowline Gold: The Multi Billion Dollar Valley PEA

Recommended

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

Related News

Maxar Technologies: Russian Military Convoy Near Kyiv Stretches for 40 MILES

New satellite images show a Russian military convoy near Kyiv stretching for 40 miles, substantially...

Monday, February 28, 2022, 08:40:34 PM

Lindsey Graham Says 72 Lawmakers Back Russia Sanctions Bill

US Senator Lindsey Graham on Wednesday claimed 72 senators support legislation that would impose what...

Friday, May 2, 2025, 02:49:00 PM

“Elon Musk Will Win The Presidential Election” And Other 2023 Predictions By Ex-Russian President

The Russian Security Council’s current deputy chair is predicting the Twitter chief will win the...

Monday, December 26, 2022, 09:48:11 PM

Russian Officials Who Proposed To Charge Putin With Treason Get Arrested

Officials from the Russian city of St. Petersburg have called on the country’s State Duma...

Monday, September 12, 2022, 11:31:19 AM

Russia Retaliates: Joe Biden, Justin Trudeau Officially Banned From Entering Russia

Moscow has turned up its tit-for-tat measures against the US and Canada, this time by...

Wednesday, March 16, 2022, 12:37:00 PM