The Pentagon claims it overestimated the value of weapons it sent to Ukraine.
by Dave DeCamp, Antiwar.com
The Pentagon on Tuesday claimed that an “accounting error” has freed up an additional $6.2 billion to spend on military aid for Ukraine.
Pentagon Deputy Press Secretary Sabrina Singh told reporters that weapons sent to Ukraine from US military stockpiles using the Presidential Drawdown Authority (PDA) were overvalued by using the cost to replace the arms rather than the depreciated value.
“In a significant number of cases, services used replacement costs rather than net book value, thereby overestimating the value of the equipment drawn down from US stocks and provided to Ukraine,” Singh said.
Reports first surfaced in May that said the Pentagon may have overvalued weapons it was sending to Ukraine. At the time, the estimate was that the error would account for at least $3 billion in new funds for Ukraine, which has more than doubled.
Recent Posts
Austin Man Shot by ICE Facing Paralysis After Being Refused Medical Care
Take Action Now “This isn’t law enforcement,” said U.S. Senate candidate James Talarico. “It’s lawlessness.”By Julia Conley, Common Dreams…
Oregon Data Centers by the Numbers: 111 Facilities Consume Nearly One-Quarter of State’s Power, According to New Report
Take Action Now A first-of-its-kind report details the footprint of the controversial facilities.By Kyra Buckley, Oregon Public Broadcasting For…
Trump Says He Is in ‘Deciding Mode’ on Destroying Iran
Take Action Now The Pentagon’s own death count is undercounting US troops killed in the seven-month war, the Washington Post has reported.By…
In the Age of AI, Nuclear Weapons Abolition Is a Renewed Imperative
Take Action Now As long as we have nuclear weapons, the job of ending humanity will continue to be as easy as the push of a button—or an AI agent…