HomeGeneral NewsOops: $3 Billion Pentagon Accounting Error Means Extra Arms for Ukraine

Oops: $3 Billion Pentagon Accounting Error Means Extra Arms for Ukraine

Published on

spot_img

What’s a lazy couple of billion in U.S. taxpayer {dollars} when there’s a battle in Japanese Europe to struggle? That query was answered Thursday when the Protection Division revealed it could ship extra weapons to Ukraine with out Congress spending approval after the Pentagon overestimated the worth of the arms it has already despatched Kyiv by some $3 billion.

AP reports the error was induced when officers wrongly used valuation for brand spanking new tools, moderately than for used tools drawn from U.S. shares, to evaluate the price of weapons already despatched to the battle zone.

The poor accounting methodology has been uncovered because the Pentagon faces elevated stress by Congress to point out accountability for the billions of {dollars} it has despatched in weapons, ammunition, tools, and coaching to Ukraine and as some lawmakers query whether or not that degree of assist is sustainable, as Breitbart Information reported.

The $113 billion in U.S. help to Ukraine has eclipsed the annual navy finances of each nation on this planet besides the US and China. https://t.co/gqwjMZMXRF

— Breitbart Information (@BreitbartNews) December 26, 2022

In lots of the navy help packages, the Pentagon has opted to empty stockpiles of older, current gear as a result of it could get these gadgets to Ukraine quicker. Pentagon spokeswoman Sabrina Singh addressed the monetary mess by saying:

Throughout our common oversight strategy of presidential drawdown packages, the Division found inconsistencies in tools valuation for Ukraine.

In some instances, ‘alternative value’ moderately than ‘internet guide worth’ was used, subsequently overestimating the worth of the tools drawn down from U.S. shares.

She added the error hasn’t constrained U.S. assist to Ukraine or hampered the power to ship help to the battlefield.

In line with the AP report, a protection official stated the Pentagon continues to be making an attempt to find out precisely how a lot the overall surplus might be.

The official, who spoke on situation of anonymity to debate inside deliberations, stated the comptroller has requested the navy companies to evaluation all earlier Ukraine help packages utilizing the correct value figures.

Biden introduced Wednesday afternoon he has accredited sending 31 Abrams M1 major battle tanks to Ukraine, in an escalation of U.S. assist for the battle because it nears the one-year mark. https://t.co/fx60Tkga3e

— Breitbart Information (@BreitbartNews) January 25, 2023

The end result, stated the official, might be that the division may have extra out there funding authority to make use of because the Ukraine offensive nears.

The help surplus was first reported by the Wall Avenue Journal.

Thus far the U.S. has supplied Ukraine practically $37 billion in navy help since Russia invaded in February 2022.

The push of U.S. weapons to Ukraine has already sparked a warning that home navy stockpiles have been pushed to “dangerously low ranges” not seen for many years, as Breitbart Information reported.

Observe Simon Kent on Twitter: Follow @SunSimonKent or e-mail to: skent@breitbart.com


Read More

Latest articles

Paddy rice price slump disrupts farming cycle

…farmers struggle to sell …2026 rice output seen shrinking Nigerian rice farmers are scaling back their plans for the 2026 planting season as paddy price slumps, high production costs, and a struggling milling industry squeeze their margins. The price of a ton of paddy has slumped 51 percent to N350,800 from a peak of N720,000

David Mark leads ADC opposition charge for 2027, despite hurdles

…ratifies new manifesto, constitution …British, Chinese envoys attend convention In a defining moment for Nigeria’s growing opposition, the national convention of the African Democratic Congress (ADC) in Abuja on Tuesday transformed into a high-stakes summit of political heavyweights, signalling a coordinated assault on the status quo ahead of the 2027 general elections. Under the leadership

Money won’t decide 2027, Nigerians will – Ologbodiyan

Kola Ologbodiyan,A chieftain of the African Democratic Congress (ADC),  has said the 2027 general election will be a defining contest between Nigerians and President Bola Tinubu, dismissing the influence of money as a deciding factor in the race. Ologbodiyan made the assertion amid growing concerns by opposition parties that the current administration is attempting to

7 largest oil refineries in Africa in 2026

Africa’s oil market in 2026 reflects a paradox vast crude reserves but limited downstream strength. The continent holds roughly 7–8 percent of global proven oil reserves, yet captures only a fraction of refining value due to constrained capacity and chronically low utilisation, often below 50 percent 1. Dangote Refinery — Nigeria (650,000 bpd) 2. Skikda

More like this

Paddy rice price slump disrupts farming cycle

…farmers struggle to sell …2026 rice output seen shrinking Nigerian rice farmers are scaling back their plans for the 2026 planting season as paddy price slumps, high production costs, and a struggling milling industry squeeze their margins. The price of a ton of paddy has slumped 51 percent to N350,800 from a peak of N720,000

David Mark leads ADC opposition charge for 2027, despite hurdles

…ratifies new manifesto, constitution …British, Chinese envoys attend convention In a defining moment for Nigeria’s growing opposition, the national convention of the African Democratic Congress (ADC) in Abuja on Tuesday transformed into a high-stakes summit of political heavyweights, signalling a coordinated assault on the status quo ahead of the 2027 general elections. Under the leadership

Money won’t decide 2027, Nigerians will – Ologbodiyan

Kola Ologbodiyan,A chieftain of the African Democratic Congress (ADC),  has said the 2027 general election will be a defining contest between Nigerians and President Bola Tinubu, dismissing the influence of money as a deciding factor in the race. Ologbodiyan made the assertion amid growing concerns by opposition parties that the current administration is attempting to