Pentagon's $3 Billion Accounting Error Boosts Ukraine's Weapon Aid
TL;DR
The Pentagon has overestimated the value of the weapons it has sent to Ukraine by at least $3 billion, which could allow the Defense Department to send more weapons now without asking Congress for more money. The error was caused when officials overvalued some of the systems sent to Ukraine, using the value of money it would cost to replace an item completely rather than the current value of the weapon. This could free up more money for critical weapons as Ukraine is on the verge of a much anticipated counteroffensive.
- $3 billion accounting error means the Pentagon can send more weapons to Ukraine The Associated Press
- Pentagon Says Accounting Mistake Frees Up $3 Billion More for Ukraine The New York Times
- Pentagon Says Accounting Mistake Leaves U.S. With $3 Billion More in Arms for Ukraine The Wall Street Journal
- Exclusive: Pentagon accounting error overvalued Ukraine weapons aid by $3 billion Reuters.com
- Pentagon Accounting Error Miscalculates Ukraine Aid by $3 Billion The Daily Beast
Want the full story? Read the original reporting
Read on The Associated Press