--The White House announced a $2.3 billion arms package for Ukraine that includes equipment from Pentagon inventories and contracts for air-defense weapons from Lockheed Martin and RTX, according to U.S. officials, Bloomberg News reported Wednesday.

--About $2.1 billion will flow to Lockheed and RTX in long-term contracts under the Ukraine Security Assistance Initiative, according to Bloomberg News.

-- The short-term drawdown from U.S. inventories is expected to be about $150 million, Bloomberg News said.


Full article at

https://www.bloomberg.com/news/articles/2024-07-03/white-house-to-announce-2-3-billion-package-of-arms-for-ukraine?srnd=homepage-americas


Write to Jennifer Tershak at jennifer.tershak@wsj.com


(END) Dow Jones Newswires

07-03-24 1447ET