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

October 23, 2023

Matthew Beinart

Defense Daily

President Joe Biden addresses the nation on Oct. 19, 2023 on the U.S.' support to Ukraine and Israel. Photo: The White House.

By Matthew Beinart, Defense Daily / October 20, 2023

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, and $3.4 billion to bolster submarine industrial base efforts.

“American leadership is what holds the world together. American alliances are what keep us, America, safe. American values are what make us a partner that other nations want to work with. To put all that at risk if we walk away from Ukraine, if we turn our backs on Israel, it’s just not worth it,” President Joe Biden said during an address to the nation last Thursday evening. “That’s why, [on Friday], I’m going to send to Congress an urgent budget request to fund America’s national security needs, to support our critical partners, including Israel and Ukraine.”

Read the rest of the article here: https://www.defensedaily.com/white-houses-aid-request-for-israel-ukraine-includes-50-billion-in-defense-industrial-base-investments/international/

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