financetom
Business
financetom
/
Business
/
Ukraine receives first F-16 jets, officials say
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ukraine receives first F-16 jets, officials say
Jul 31, 2024 3:30 PM

July 31 (Reuters) -

The first batch of long-awaited F-16 jets have arrived in

Ukraine, Lithuania's foreign minister and a U.S. official said

on Wednesday, an effort Kyiv has said will help rebuild its

depleted air force.

F-16s, built by Lockheed Martin ( LMT ), have been on

Ukraine's wish list for a long time because of their destructive

power and global availability. The fighter jet is equipped with

a 20mm cannon and can carry bombs, rockets and missiles.

"F-16s in Ukraine. Another impossible thing turned out

to be totally possible," Lithuanian Foreign Minister Gabrielius

Landsbergis said on X, formerly known as Twitter.

A U.S. official, speaking on the condition of anonymity,

said the delivery had been complete.

Ukraine's Air Force did not immediately respond to Reuters

request for comment.

Denmark has committed to donate 19 jets in total, while

the Netherlands has promised to deliver 24 aircraft. Both

countries have been driving forces behind an international

coalition to supply Ukraine with F-16s. Norway has also said

that it would donate six F-16 fighter jets to Ukraine.

The pilots and ground staff have been trained by

Ukraine's Western partners for months.

The Ukrainian military has had to rely on a relatively

small fleet of Soviet-era jets as it has fought to hold back

Russia's full-scale February 2022 invasion. Ukrainian officials

see the addition of the F-16 as a vital upgrade for its Air

Force.

Analysts and officials say the F-16s will not alone

prove a turning point in the war, which began with Russia's

full-scale invasion in February 2022.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
Copyright 2023-2025 - www.financetom.com All Rights Reserved