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White House’s Aid Request For Israel, Ukraine Includes $50 Billion In Defense Industrial Base Investments

White House’s Aid Request For Israel, Ukraine Includes $50 Billion In Defense Industrial Base Investments
President Joe Biden addresses the nation on Oct. 19, 2023 on the U.S.' support to Ukraine and Israel. Photo: The White House.

The Biden administration has detailed a new $106 billion emergency spending package with weapons aid for Israel and continued security assistance for Ukraine, of which $50 billion would be invested into the defense industrial base. The new supplemental request specifically includes $61.4 billion for Ukraine support, $14.3 billion in assistance for Israel as the country prepares for a potential ground invasion of Gaza, $7.2 billion in Foreign Military Financing (FMF) grants, $4 billion to support partners in the Indo-Pacific region,…

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Contract Updates

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