Military Aid Package: Sweden to Provide Ukraine with $1.2 Billion in Funding and Equipment

New Delhi: Sweden will provide Ukraine with 13.5 billion kronor (US$1.23 billion) in funding and equipment in its biggest military aid package yet, the government said.

The Nordic country will double the amount of Stridsbåt 90 combat boats it’s donating from Swedish armed forces stocks to 32 boats, Minister for Defence Pål Jonson said in a post on X. Other equipment will include 1,500 TOW anti-tank missiles and 200 AT4 anti-tank weapons, with total donations from stocks amounting to about $294 million, or around 25% of the aid package.

ads

Sweden will provide about 5.9 billion kronor to buy newly produced defence equipment for Ukraine from Swedish and international manufacturers, the government said in a statement. That financing can be directed to priority needs such as artillery, long-range strike capabilities and drones, according to Jonson.

“A short delivery time is important,” the minister said.

The latest aid package, Stockholm’s 18th, brings Sweden’s military support for Ukraine to about 61.9 billion kronor, the government said. The country has been one of the top donors of military aid to Ukraine, ranking sixth in terms of the absolute level of material support provided, according to the Kiel Institute for the World Economy’s Ukraine Support Tracker.

Another $71 million will go to repair and maintenance of equipment already donated by Sweden. The Swedes have previously provided Ukraine with gear including Leopard 2 battle tanks, CV90 combat vehicles and Archer self-propelled howitzers.

big bang

The country will provide about $250 million towards different international funds, and allocate $178 million for the Danish model of ordering weapons from Ukraine’s defence industry, according to Jonson.

“This also builds sustainability and resilience within Ukraine,” he said. The intention is to allocate about 1 billion kronor to the production of Ukrainian long-range missiles and long-range drones, according to the government.

huges

More like this

EDGE and Naval Group Advance Cooperation on Integrated Naval Air Defence Capabilities

Abu Dhabi, UAE/Paris, France: EDGE, one of the world's...

EDGE and Safran Sign Joint Venture Term Sheet for Next-Generation Missile Development

Paris, France: Following the signature yesterday of a strategic...

EDGE Targets Deeper French Market Engagement Through Business France Partnership

Paris, France: EDGE entity CONDOR Non-Lethal Technologies, a leading...

Renault Group and Thales Enter into a Strategic Partnership to Develop a Sovereign Drone Industry in France

New Delhi / Paris: Thales and Renault Group (RG) announced the...

EDGE And Leonardo to Partner Through a Joint Venture on Advanced Defence Sensors and Systems

Paris, France: In line with the previously announced collaboration...

EM&E Group and EDGE Seal Agreement to Establish Joint Venture in the UAE

Paris, France: EM&E Group, a leading Spanish group in...

Airbus Delivers First H135 for Canada’s Future Aircrew Training Programme

Fort Erie, Canada. Airbus has delivered the first H135...

Dhruva Space and ICEYE Announce Strategic Full-Stack Partnership to Explore Space-based Solutions in India and Abroad

Nice, FRANCE: Dhruva Space, a full-stack Space engineering solutions...
Indian Navy Special Edition 2025spot_img