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US approves $2.1 billion sale of 500 Patriot missiles to Ukraine

Conflict · First reported 30 Oct, 19:26 · Updated 19:58

Image: Financial Times

The US approved a sale of 500 Patriot PAC-3 interceptors to Ukraine, valued at $2.1 billion. Ukraine’s president welcomed the decision but warned delivery could take years; Ukraine and its partners are seeking an earlier supply from existing stocks. (53f3478d-a722-471e-a71b-fd8598fe5101; 14685ba8-5238-4925-8474-982d5e5b2357; ae2e99a6-68c7-45db-93b6-5525d4f70483)

  • The State Department approved the sale of 500 Patriot PAC-3 missiles to Ukraine for an estimated $2.1 billion.
  • The State Department said the purchase would be funded by donations from Canada, Germany and Norway, with national funds financed by the EU’s Ukraine Support Loan; the cited reports say no US funds are involved.
  • Zelenskyy said deliveries could begin only in a few years and called for allies to provide missiles from existing stocks while new ones are produced.
  • The reports describe the approval as coming amid Ukraine’s requests for more interceptors and ongoing Russian missile and drone attacks.
  • Lockheed Martin is the principal contractor, and the missiles have not yet been manufactured, according to reports citing people briefed on the decision.
Summary written by Lux AI from 6 articles

Key facts

Approved quantity
500 Patriot PAC-3 missiles (ae2e99a6-68c7-45db-93b6-5525d4f70483)
Estimated value
$2.1 billion (ae2e99a6-68c7-45db-93b6-5525d4f70483)
Approval announced
Friday, local time (ae2e99a6-68c7-45db-93b6-5525d4f70483)
Principal contractor
Lockheed Martin (d4f34f9f-4e76-4735-aefe-c67161500453)
Funding
Donations from Canada, Germany and Norway, plus national funds financed by the EU’s Ukraine Support Loan (d4f34f9f-4e76-4735-aefe-c67161500453)
Delivery outlook
Could take years; ABC News cites sources who expect delivery a couple of years into the 2030s (14685ba8-5238-4925-8474-982d5e5b2357; ae2e99a6-68c7-45db-93b6-5525d4f70483)

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