Key facts
- The European Commission approved an additional €6.1 billion ($7.12 billion) in defence aid for Ukraine.
- The funding is designated for procuring new defence systems, including air defence, missiles, ammunition, and radars.
- This latest package adds to €16 billion in previously approved procurement plans, of which €8.35 billion has been disbursed.
- The aid is part of the €90 billion Ukraine Support Loan (UASL), which includes budgetary and defence components.
- Most defence procurements will source products from EU defence companies.
The European Commission has approved an additional €6.1 billion ($7.12 billion) in defence procurement for Ukraine, a move announced on Ukraine's Independence Day. This funding is intended to bolster Ukraine's defence capabilities by providing air and missile defence systems, missiles, ammunition, and radars, crucial for countering Russia's escalating attacks.
This latest aid package builds upon previous commitments, adding to €16 billion in already approved procurement plans, of which €8.35 billion has been disbursed. European Commission President Ursula von der Leyen emphasized Europe's steadfast support, stating, "Europe stands with Ukraine and we will deliver what it needs, when it needs it." The Commission highlighted the urgency due to Russia's increased use of ballistic missiles and drones, noting 376 missile strikes in July alone.
The funding is part of the broader €90 billion Ukraine Support Loan (UASL), which aims to support Ukraine's defence and resilience. A significant portion of the procurements is expected to involve EU defence companies. Ukraine can initiate payment requests by submitting contracts with defence firms for review and approval by the Commission and Member States, ensuring timely and scaled delivery of critical supplies.