FALCON POWERS – The officials, who spoke on condition of anonymity, stated that the aid package includes vehicles and air defense ammunition such as Stinger missiles, additional ammunition for high-mobility artillery rocket systems, 155mm artillery ammunition, TOW anti-tank missiles, Javelin missiles, and other weapons that can be immediately used on the battlefield. President Joe Biden had requested $60.8 billion in aid for Ukraine from Congress, but the initiative stalled after Republicans in the House of Representatives declined to move the legislation forward for several months.
Once the Ukraine-Israel law is signed, momentum will return to the funding earmarked for replenishing stockpiles, alleviating concerns at the Pentagon about the potential damage of using presidential waiver authority to assist Ukraine in American military readiness.
The presidential waiver authority allows the president to authorize the transfer of excess US inventory without congressional approval in response to an emergency situation. With the influx of replenishment funds, US defense companies will secure additional contracts as the wheel of the Russo-Ukrainian war continues to turn.
Experts anticipate an increase in orders for companies like Raytheon Technologies, along with other major firms that secure government contracts, such as Lockheed Martin, General Dynamics, and Northrop Grumman, after the passage of the supplemental spending bill.
