Pentagon's accounting error provides Ukraine further $62 billion in military aid.

The U.S. Defense Department overestimated the value of arms sent to Ukraine over the past two years by £6.2 billion. The unspent sum will be used for further military aid,  Pentagon spokesperson Sabrina Singh said[1] on June 21.

"In a significant number of cases, services used replacement costs rather than net book value, thereby overestimating the value of the equipment drawn down from U.S. stocks and provided to Ukraine," Singh explained. The surplus will return to the allocated fund for Ukraine, to be used for future expenses. According to the Pentagon's final calculations, there was an error of £2.6 billion in the 2022 fiscal year and £3.6 billion in the 2023 fiscal year.

Earlier in June, the U.S. government said[2] that the security assistance to Ukraine amounted to roughly £40 billion. By the new calculations, this would amount only to around £34 billion. This announcement comes amid Ukraine's long-awaited counteroffensive push to regain occupied territories, requiring significant materiel and financial support.

The Pentagon discovered[3] another accounting error in security support for Ukraine in May, resulting in a surplus of  £3 billion.

Ukraine to receive billions in military aid after Ramstein summit U.S. Defense Secretary Lloyd Austin said on June 15 that the U.S., the U.K., Denmark, the Netherlands, Canada, Germany, Norway, and Italy pledged new military aid packages to Ukraine at the 13th Ramstein-format summit of the Ukraine Defense Contact Group (UDCG) in Brussels.

News Editor

Martin Fornusek is a news editor at the Kyiv Independent.

He has previously worked as a news content editor at the media company Newsmatics and is a contributor to Euromaidan Press. He also volunteers as an editor and translator at the Czech-language version of Ukrainer. Martin studied at Masaryk University in Brno, Czechia, holding a bachelor's degree in security studies and history and a master's degree in conflict and democracy studies.

References

1. ^ said (www.defense.gov)
2. ^ said (media.defense.gov)
3. ^ discovered (kyivindependent.com)
4. ^ Ukraine to receive billions in military aid after Ramstein summitU.S.

   Defense Secretary Lloyd Austin said on June 15 that the U.S., the U.K., Denmark, the Netherlands, Canada, Germany, Norway, and Italy pledged new military aid packages to Ukraine at the 13th Ramstein-format summit of the Ukraine Defense Contact Group (UDCG) in Brussels. (kyivindependent.com)