Military Space News
MILTECH
GAO finds another $2B in military aid for Ukraine
GAO finds another $2B in military aid for Ukraine
by Darryl Coote
Washington DC (UPI) Jul 26, 2024

Miscalculations in the value of weaponry the United States has sent to Ukraine has again been uncovered, increasing the Pentagon's purse to supply its besieged ally by another $2 billion.

At more than $53 billion in military assistance, the United States is by far Ukraine's largest backer in its two-year war against Russia.

Last year, the Pentagon notified Congress that it had overvalued some of the defense articles it sent to Ukraine by about $6.2 billion. Because of this miscalculation, the Government Accountability Office was directed by Congress through the passing of the omnibus Consolidated Appropriation Act spending bill late last year to audit funds appropriate to support Ukraine.

The GAO report was published Thursday identifying "additional reductions in values" totally nearly $2 billion.

It said the majority of the miscalculations concerned what are called OM&S, which are items that are used in normal operations, such as spare parts, ammunition and missiles.

The miscalculations are in connection to presidential drawdowns, meaning items taken from Pentagon stockpiles.

The report states the Department of Defense valued some of the items not based on their value at the time they were taken from U.S. stockpiles but from the cost to replace them.

The GAO said in explanation that several of the items given to Ukraine were past their normal operating life, meaning they had a value of zero dollars but they were recorded at a cost greater than that.

For example, the United States provided Ukraine with 10 vehicles it valued at $7 million. However, the book value of each vehicle was zero, meaning that there was $7 million for an additional drawdown authority.

To prevent further miscalculations, the GAO is recommending that Congress clarify the definition of "value" concerning the president's drawdown authority and the Pentagon to create drawdown authority-specific guidance.

As of March, President Joe Biden authorized an unprecedented 45 drawdowns at a value of nearly $24 billion. Between September 1961 when the drawdown authority was established and July of 2021, there were 94 uses of the authority, totally nearly $3 billion, or $8.5 billion when adjusted for inflation.

Related Links
The latest in Military Technology for the 21st century at SpaceWar.com

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
MILTECH
OKSI Secures $6M in Contracts for Advanced Precision Guidance Seeker
Los Angeles CA (SPX) Jul 24, 2024
OKSI has secured multiple contracts amounting to nearly $6 million from USSOCOM and the Air Force Research Laboratory (AFRL) for their ARMGDN seeker. This seeker is an enhancement to BAE Systems' APKWS laser-guidance kit, enabling passive target acquisition and tracking for precision engagements. The APKWS kit is designed for the 2.75 inch Hydra-70 rocket. Combined, the APKWS with OKSI's ARMGDN seeker allows rapid engagement of various air or ground targets through the ripple fire of multiple precision- ... read more

MILTECH
U.S. announces 'significant' $2.2B package of air defense systems for Ukraine

Europe finalizes joint acquisition of Mistral 3 air defense system

US to fast-track Ukraine anti-air missile deliveries

Romania to send Patriot missile system to Ukraine

MILTECH
Netherlands to stock up on JASSM-ER missiles

Lockheed Martin's Sniper Targeting Pod to Enhance Interoperability Between F-35s and 4th Generation Jets

MBDA Enhances SPEAR Missiles with AI Collaboration Technology

Zelensky urges British Cabinet to drop weapons restrictions on Russian targets

MILTECH
Russian drones attack Ukraine port for a second night

Sky Warden Unveils New Effector and Demonstrates System Capabilities

Houthi large drone strike kills 1, injures 8 in Tel Aviv

MARSS to Demonstrate Advanced NiDAR AI C4 System at Red Sands Counter-UAS Event

MILTECH
Akima Wins $480 Million Contract to Enhance U.S. Space Force Satellite Operations

US Army Awards SES Space and Defense Pilot Contract for Managed SATCOM Services

L3Harris Teams with Epirus to Enhance Tactical Radio Performance

Airbus Secures Major Contract for Bundeswehr's Advanced Military Satellite System

MILTECH
What we know about Hezbollah's weapons arsenal

OKSI Secures $6M in Contracts for Advanced Precision Guidance Seeker

GAO finds another $2B in military aid for Ukraine

US announces $1.7 bn in new security assistance for Ukraine

MILTECH
Kyiv to get Dutch, Danish Leopard 2 tanks before Sept

Ukraine's Kuleba warns in Hong Kong of Russia bypassing sanctions

China tells US it denies charges on Ukraine war

Italian defence firm Leonardo seeking 'critical mass' to compete with US, China

MILTECH
US, Japan take a swipe at China and deepen defence ties

Italy's Meloni says China 'important interlocutor' in managing global instability

Russia, China FMs meet as ASEAN talks get underway in Laos

China warns US, Japan to 'stop creating imaginary enemies'

MILTECH
Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.