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Senate approves nearly $61B of Ukraine foreign aid − here’s why it helps the US to keep funding Ukraine

Retrieved on: 
Thursday, April 25, 2024

About $61 billion of this aid package will be spent on Ukraine, while $26 billion will go to Israel.

Key Points: 
  • About $61 billion of this aid package will be spent on Ukraine, while $26 billion will go to Israel.
  • The new legislation means that U.S. military supplies could be moved to Ukraine in a matter of days.
  • Pressure increased on lawmakers to pass the aid package after Iran’s drone missile attack on Israel on April 14, 2024.
  • The U.S. has been the largest single donor backing Ukraine since Russian troops invaded the country in February 2022.
  • As a scholar of Eastern Europe, I think there are a few important reasons why the U.S. has a lot at stake in supporting Ukraine.

Republicans divided over Ukraine aid

  • Since February 2024, Johnson had delayed initiating a vote on the Ukraine foreign aid bill in the House of Representatives for a few reasons.
  • One major factor was fighting between Republicans, who hold a slim majority in the House.
  • While some centrist Republican politicians supported Ukraine funding and pushed for a vote on the foreign aid package, others – hard-right Republicans – wanted a bill that prioritized what they said are American interests, meaning more of a focus on domestic U.S. problems.

Delays on Ukraine benefit Putin

  • As the House was stalling on a vote, Ukraine was rationing ammunition and supplies.
  • Delays with foreign aid to Ukraine give Putin time to move forward with plans to purchase ballistic missiles from Iran.
  • Without foreign aid from the U.S., Ukraine faces a strategic disadvantage that could lead to Russia winning the war.

The US needs Europe to compete with China

  • One factor is U.S. global power competition with China.
  • Russian and Chinese leaders declared a military and political partnership days before Russia’s invasion of Ukraine in February 2022.
  • They announced on April 9, 2024, that they want to find ways to strengthen their joint security work across Asia and Europe.
  • U.S. political and military leaders have noted that supporting Ukraine and pushing back against Russia is one clear way to deter China from strengthening its global political power and military reach.
  • The U.S. needs its long-standing allies in Europe to help push back against China – and deterrence is only as effective as the size of the force doing the deterring.

Foreign aid benefits US arms industry

  • Most of America’s military aid to Ukraine consists of arms and ammunition from existing U.S. stockpiles.
  • More than one-third of the $61 billion spending includes $23 billion dedicated to replenishing weapons and ammunition systems for the U.S. military.
  • In December 2023, Biden signed a U.S. defense policy bill that authorizes a record-high $886 billion in spending from July 2023 through June 2024.
  • But it also allows for the purchasing of new ships, aircraft and other types of ammunition.

Americans continue to support Ukraine aid


A majority of Americans still favor U.S. support of Ukraine, though about half of Republicans said in December 2023 that the U.S. is giving too much money to the country. Even though politicians do not always follow public opinion, there are clear reasons why it is in the U.S.’s best interests to keep funding Ukraine. This story is an update of an earlier article published on April 10, 2023.
Tatsiana Kulakevich does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

House of Representatives holds off on Ukraine aid package − here’s why the US has a lot at stake in supporting Ukraine

Retrieved on: 
Wednesday, April 10, 2024

The U.S. has been the largest single donor backing Ukraine since Russian troops invaded the country in February 2022.

Key Points: 
  • The U.S. has been the largest single donor backing Ukraine since Russian troops invaded the country in February 2022.
  • Biden has asked Congress to approve another $95 billion in aid for Ukraine, Israel and other allies.
  • While the Senate passed this foreign aid bill in February 2024, it is stalled in the House of Representatives.
  • It is not entirely clear when and how the House will vote on Ukraine.
  • Still, as a scholar of Eastern Europe, I think there are a few important reasons why the U.S. is unlikely to cut funding to Ukraine.

Republicans are divided over Ukraine aid

  • Johnson is facing pressure to delay voting on the Ukraine foreign aid bill for a few reasons.
  • One major factor is fighting between Republicans, who hold a slim majority in the House.
  • While some centrist Republican politicians support Ukraine funding and are pushing for a vote on the foreign aid package, others – hard-right Republicans – want a bill that prioritizes what they say are American interests, meaning more of a focus on domestic U.S. problems.

Delays on Ukraine benefit Putin

  • As the House continues to stall on a vote, Ukraine is rationing ammunition and supplies.
  • Delays with foreign aid to Ukraine give Putin time to move forward with plans to purchase ballistic missiles from Iran.
  • Without foreign aid from the U.S., Ukraine will face a strategic disadvantage that could lead to Russia winning the war.

The US needs Europe to compete with China

  • One factor is U.S. global power competition with China.
  • Russian and Chinese leaders declared a military and political partnership days before Russia’s invasion of Ukraine in February 2022.
  • They announced on April 9, 2024, that they want to find ways to strengthen their joint security work across Asia and Europe.
  • U.S. political and military leaders have noted that supporting Ukraine and pushing back against Russia is one clear way to deter China from strengthening its global political power and military reach.
  • The U.S. needs its long-standing allies in Europe to help push back against China – and deterrence is only as effective as the size of the force doing the deterring.

Foreign aid benefits US arms industry

  • Most of America’s military aid to Ukraine consists of arms and ammunition from existing U.S. stockpiles.
  • If Congress approves an additional $60 billion for Ukraine, more than half of this money would go to U.S. factories that manufacture missiles and munitions.
  • In December 2023, Biden signed a U.S. defense policy bill that authorizes a record-high $886 billion in spending from July 2023 through June 2024.
  • But it also allows for the purchasing of new ships, aircraft and other types of ammunition.

Americans continue to support Ukraine aid


A majority of Americans still favor U.S. support of Ukraine, though about half of Republicans said in December 2023 that the U.S. is giving too much money to the country. Even though politicians do not always follow public opinion, there are clear reasons why it is not in the U.S.’s best interests to cut funding to Ukraine.
Tatsiana Kulakevich does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

EQS-News: Fiscal year 2023: RENK Group AG continues profitable growth trajectory

Retrieved on: 
Wednesday, April 10, 2024

EBIT of RENK Group AG rose to 150 million euros (2022: 144 million euros).

Key Points: 
  • EBIT of RENK Group AG rose to 150 million euros (2022: 144 million euros).
  • "The strong order intake and revenue growth of our segments over the past fiscal year reflect the high demand for our products and technological solutions", explained Susanne Wiegand, CEO of RENK Group AG.
  • For fiscal year 2024, RENK Group AG is expecting growth to continue and is confirming its financial forecast.
  • The successful stock exchange listing of RENK Group AG on February 7, 2024 laid the groundwork for further international growth.

HII is Awarded $74 Million Contract to Support U.S. Navy Vertical Launch Systems

Retrieved on: 
Tuesday, April 9, 2024

HII’s statement of work includes outfitting the first Zumwalt-class destroyer (DDG 1001) with the latest Mk 57 vertical launch system universal canister electronics unit.

Key Points: 
  • HII’s statement of work includes outfitting the first Zumwalt-class destroyer (DDG 1001) with the latest Mk 57 vertical launch system universal canister electronics unit.
  • “We are extremely pleased to continue our support to the U.S. Navy, providing critical research, development, test and evaluation in support of vertical launch systems for NSWC Port Hueneme,” said Todd Gentry, president of Mission Technologies’ C5ISR business group.
  • HII was awarded the recompeted task order under the Department of Defense’s Information Analysis Center Multiple Award Contract vehicle (IAC MAC).
  • HII’s support to NSWC Port Hueneme is an extension of work performed under a previous contract awarded in 2021.

HII Completes Dry Dock Work for Aircraft Carrier USS John C. Stennis (CVN 74) Refueling and Complex Overhaul

Retrieved on: 
Monday, April 8, 2024

NEWPORT NEWS, Va., April 08, 2024 (GLOBE NEWSWIRE) --  HII’s (NYSE: HII) Newport News Shipbuilding division has completed the dry dock portion of the refueling and complex overhaul (RCOH) of Nimitz-class aircraft carrier USS John C. Stennis (CVN 74).

Key Points: 
  • NEWPORT NEWS, Va., April 08, 2024 (GLOBE NEWSWIRE) --  HII’s (NYSE: HII) Newport News Shipbuilding division has completed the dry dock portion of the refueling and complex overhaul (RCOH) of Nimitz-class aircraft carrier USS John C. Stennis (CVN 74).
  • “Witnessing Stennis leave the dry dock and return to the water is a testament to the hard work of our shipbuilders, the crew and our government partners,” said Rob Check, NNS vice president of in-service aircraft carrier programs.
  • During the dry dock phase of the RCOH, USS John C. Stennis received significant upgrades and began an extensive overhaul process, both inside and outside the ship.
  • Once the RCOH is complete, USS John C. Stennis will be equipped to operate in the fleet for the second half of her 50-year expected service life.

SBA Recognizes 2024 Government Contractors and 8(a) Graduate of the Year

Retrieved on: 
Friday, April 5, 2024

These fuzes are used in electro-mechanical rocket, missile, artillery, mortar, and tank devices for the Department of Defense and domestic prime contractors.

Key Points: 
  • These fuzes are used in electro-mechanical rocket, missile, artillery, mortar, and tank devices for the Department of Defense and domestic prime contractors.
  • Cetechs won the 2018 SBA Emerging Leaders Program Graduate Award, the 2019 Arizona Small Business Development Center Success Award, and the 2020 Goldman Sachs Award.
  • The Dwight D. Eisenhower Award for Excellence recognizes other small business prime contractors that have excelled in utilizing small businesses as suppliers and subcontractors within various industries.
  • Additionally, it collaborated with various SBA District Offices, Small Business Development Centers, and APEX Accelerators to educate and network with small businesses.

Second Fisher House Dedicated at the Audie Murphy VA Campus of South Texas VA

Retrieved on: 
Friday, April 5, 2024

San Antonio, Texas, April 05, 2024 (GLOBE NEWSWIRE) -- A second Fisher House was dedicated today at the Audie L. Murphy Memorial Veterans’ Hospital by Executive Director Dr. Julianne Flynn and President of Fisher House Foundation David A. Coker.

Key Points: 
  • San Antonio, Texas, April 05, 2024 (GLOBE NEWSWIRE) -- A second Fisher House was dedicated today at the Audie L. Murphy Memorial Veterans’ Hospital by Executive Director Dr. Julianne Flynn and President of Fisher House Foundation David A. Coker.
  • The new home will double the South Texas VA Health Care System’s capacity to offer a home away from home to the families of Veterans who are inpatients at the Audie Murphy VA Medical Center.
  • Fisher House Foundation is on the Road to 100 Fisher Houses with projects underway in Memphis, Tennessee; Detroit, Michigan; and the 100th Fisher House, which will be in North Chicago, Illinois.
  • The new South Texas VA Fisher House has 16 wheelchair-accessible suites; a spacious kitchen; large communal living, dining, and family rooms; a laundry room; and a shared patio.

Fuse to Showcase Solutions for Networking the Battlespace at Sea-Air-Space 2024

Retrieved on: 
Monday, April 1, 2024

WASHINGTON, April 01, 2024 (GLOBE NEWSWIRE) -- Fuse Integration , a warfighter-focused engineering and design firm, today announced the company will showcase its solutions for networking the battlespace at this year’s Sea-Air-Space conference April 8-10 in National Harbor, Maryland.

Key Points: 
  • WASHINGTON, April 01, 2024 (GLOBE NEWSWIRE) -- Fuse Integration , a warfighter-focused engineering and design firm, today announced the company will showcase its solutions for networking the battlespace at this year’s Sea-Air-Space conference April 8-10 in National Harbor, Maryland.
  • At Booth #3310, the company will demonstrate its remote network management toolset and display its CORE® virtualized network system, podded airborne networking gateway products and an augmented reality display of digital engineering artifacts for aircraft solutions.
  • Additionally, as part of the Navy STP Showcase, Fuse will share a video case study on a Tactical Communication Management Processor (TCMP) in development for NAVWAR.
  • “Today’s battlespace is a complex, multi-domain, operational environment affecting all sea services and joint forces.

Stoke Space Names Retired U.S. Space Force Lt. Gen. John E. Shaw to Board of Directors, Paul Croci as Chief Financial Officer

Retrieved on: 
Monday, April 8, 2024

KENT, Wash., April 8, 2024 /PRNewswire/ -- Today Stoke Space announced that the company has appointed retired U.S. Space Force Lt. Gen. John E. Shaw to its Board of Directors and Paul Croci as its chief financial officer.

Key Points: 
  • KENT, Wash., April 8, 2024 /PRNewswire/ -- Today Stoke Space announced that the company has appointed retired U.S. Space Force Lt. Gen. John E. Shaw to its Board of Directors and Paul Croci as its chief financial officer.
  • In this role, Shaw advocated for the U.S. Space Force to pursue advanced capabilities that enable dynamic space operations in which in-space assets can actively maneuver without constraint.
  • "Stoke Space is a highly innovative and motivated team with a compelling vision for reusable and sustainable space capabilities," Shaw said.
  • "It is an incredibly exciting opportunity as Stoke Space is well positioned to grow rapidly in the emerging new space economy."

URSA MAJOR SIGNS CONTRACT WITH U.S. NAVY FOR NEXT GEN SOLID ROCKET MOTORS FOR STANDARD MISSILE

Retrieved on: 
Monday, April 8, 2024

In 2022, the Missile Defense Agency stated that the SM-6 is the only missile capable of intercepting maneuverable hypersonic missiles.

Key Points: 
  • In 2022, the Missile Defense Agency stated that the SM-6 is the only missile capable of intercepting maneuverable hypersonic missiles.
  • "We are proud of the Navy's support and recognition of Ursa Major as a trusted partner to develop the next generation of Mk 104 solid rocket motors," said Ursa Major founder and CEO Joe Laurienti.
  • "Our new approach to manufacturing SRMs allows Ursa Major to quickly develop high-performing motors at scale, driving volume and cost efficiencies to address this critical national need."
  • "The production of solid rocket motors is a top priority, and we are impressed with Ursa Major's innovative approach to address manufacturing challenges."