The Pentagon overestimated the value of weapons sent to Ukraine by $3bn in an accounting error that may affect when the current funds for arming the war-torn country run out, according to people familiar with the matter.
One of the people said that the error occurred by incorrectly using the cost of replacing the weapons sent from US stockpiles with new equipment, rather than the purchase price plus depreciation. Reuters first reported the Pentagon’s overestimation of the value of assistance to Ukraine.
Congress last year approved $48bn in assistance for Ukraine, including $21.7bn for military equipment and money to replace Pentagon weaponry that has been already sent to the country.
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