US miscalculation in defense item valuation yields $2 bn more for Ukraine aid
The Pentagon finds additional $2 billion in accounting errors for Ukraine aid. A similar error last year led to $6.2 billion extra.
Browsing Tag
accounting error
3 posts
Reuters: US readies new Ukraine arms package despite tumult in Congress
Amid Congressional discord over US-Ukraine defense aid, the Biden administration is preparing a weapons package for Ukraine, leveraging a months-old accounting error, per Reuters sources.
Pentagon accounting error overvalued Ukraine aid by USD 3 billion – Reuters sources
The Pentagon overvalued US equipment it sent to Ukraine by around $3 billion, a Senate aide and a…