May 10 (Reuters) - The United States is preparing a $400
million military aid package for Ukraine, as the U.S. returns to
a regular pace of supplying weapons to Kyiv after lawmakers
passed a $95 billion bill, the White House said on Friday.
The Ukraine aid package includes artillery, munitions for
NASAMS air defenses, anti-tank munitions, armored vehicles and
small arms that can immediately be put to use on the
battlefield, a U.S. official told Reuters earlier on condition
of anonymity.
The weapons aid will utilize Presidential Drawdown
Authority, or PDA, which authorizes the president to transfer
articles and services from U.S. stocks without specific
congressional approval during an emergency. As a part of the $95
billion aid bills, Congress authorized $60.8 billion worth of
various forms of aid to Ukraine, including $8 billion worth of
PDA items.
The aid announcement came after Russian forces launched an
armored ground attack on Friday near Ukraine's second city of
Kharkiv in the northeast of the country and made small inroads,
opening a new front in a war that has long been waged in the
east and south.
As replenishment funds for articles drawn from stocks are
deployed, U.S. defense companies would gain more contracts as
the Russia-Ukraine war grinds on. The aid package was first
reported by Politico.
Experts expect a boost in the order backlog of RTX,
along with other major companies that receive government
contracts, such as Lockheed Martin ( LMT ), General Dynamics ( GD )
, and Northrop Grumman ( NOC ), following the passage of
the supplemental spending bill.