European Commission disburses €1.24 billion to Ukraine for drones and missiles
The funding, disbursed under the €90 billion Ukraine Support Loan, covers drones, drone interceptors, drone ammunition and missiles manufactured by Ukrainian entities.
What we know
- The European Commission said it has disbursed €1.24 billion under the €90 billion Ukraine Support Loan. [1]
- The money covers drones, drone interceptors, drone ammunition and missiles made by Ukrainian entities. [1]
- The Commission said the aim is to strengthen Ukraine's defense industry and its ability to defend itself, protecting people and infrastructure. [1]
- Not yet confirmed: The Commission's post does not say which Ukrainian manufacturers will receive the funds, how many weapons will be bought, or how much of the €90 billion has been paid out so far.
The European Commission said on Wednesday that it has disbursed €1.24 billion to Ukraine under the €90 billion Ukraine Support Loan. The Commission announced the payment in a post on X. [1]
According to the Commission, the money will pay for drones, drone interceptors, drone ammunition and missiles. It said all of these are manufactured by Ukrainian entities. [1]
The Commission said the funding will help strengthen Ukraine's defense industry and Ukraine's ability to defend itself. It said the goal is to protect people and infrastructure. [1]
The post linked to a page with more details. The post itself does not name the companies involved, give quantities of equipment, or set out a schedule for further payments. [1]