Pentagon's accounting error boosts Ukraine's military aid by $6.2 billion.

1 min read
Source: Yahoo! Voices
Pentagon's accounting error boosts Ukraine's military aid by $6.2 billion.
Photo: Yahoo! Voices
TL;DR Summary

The Pentagon has revealed that it overestimated the value of weapons sent to Ukraine by $6.2 billion over the past two years, resulting in a surplus that will be used for future security packages. The accounting error was due to the military services using replacement costs rather than the book value of equipment. The revelation comes as Ukraine moves ahead with the early stages of its counteroffensive against Russia, which has been bombarding the Kyiv region with dozens of Shahed exploding drones. The Pentagon has repeatedly used presidential drawdown authority to pull weapons, ammunition, and other equipment off the shelves to get to Ukraine more quickly. The accounting mistake won't affect the ongoing delivery of aid to Ukraine.

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