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U.S. to unveil over $3 billion in Ukraine aid with new air defense missiles

By Mike Stone WASHINGTON (Reuters) - A new U.S. weapons aid package for Ukraine worth more than $3 billion is set to be announced later on Friday and will include Sea Sparrow...
U.S. to unveil over $3 billion in Ukraine aid with new air defense missiles © Reuters. FILE PHOTO: U.S. Bradley Fighting Vehicles that will be deployed in Latvia for NATO's Operation Atlantic Resolve wait for an unload in Garkalne, Latvia February 8, 2017. REUTERS/Ints Kalnins
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By Mike Stone

WASHINGTON (Reuters) - A new U.S. weapons aid package for Ukraine worth more than $3 billion is set to be announced later on Friday and will include Sea Sparrow missiles for air defense and Bradley Fighting Vehicles, according to a document seen by Reuters.

The Sea Sparrow missiles will help curb Russian missile strikes on Ukraine, which are intended to exhaust Kyiv's air defenses and damage the country's energy infrastructure.

The U.S. and Germany have also pledged to send Patriot missile systems to repel Russian missile and drone attacks.

The RIM-7 Sea Sparrow will be an additional anti-air defense system for Ukraine. It is currently in production by Raytheon Technologies (NYSE:RTX) Corp and General Dynamics Corp (NYSE:GD).

The armored Bradley Fighting Vehicle has a powerful gun and has been used regularly by the U.S. Army to carry troops around battlefields since the mid-1980s. The Army has thousands of Bradleys. The United States plans to send about 50.

Politico reported on Thursday that the Sea Sparrow System would be used on the Buk launcher, a Soviet-era weapon that Ukraine currently uses.

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    EUR/USD 1.0658 ↑ Sell  
    GBP/USD 1.2475 ↑ Sell  
    USD/JPY 157.91 ↑ Buy  
    AUD/USD 0.6469 Neutral  
    USD/CAD 1.3780 ↑ Buy  
    EUR/JPY 168.32 ↑ Buy  
    EUR/CHF 0.9808 Neutral  
    Gold 2,295.80 ↑ Sell  
    Silver 26.677 ↑ Sell  
    Copper 4.5305 ↑ Buy  
    Crude Oil WTI 81.14 ↑ Sell  
    Brent Oil 85.62 ↑ Sell  
    Natural Gas 1.946 ↑ Sell  
    US Coffee C 213.73 ↑ Sell  
    Euro Stoxx 50 4,920.55 ↑ Sell  
    S&P 500 5,035.69 ↑ Sell  
    DAX 17,921.95 ↑ Sell  
    FTSE 100 8,144.13 Sell  
    Hang Seng 17,763.03 ↑ Sell  
    Small Cap 2000 1,973.05 ↑ Sell  
    IBEX 35 10,854.40 Neutral  
    BASF 49.155 ↑ Sell  
    Bayer 27.35 ↑ Sell  
    Allianz 266.60 ↑ Sell  
    Adidas 226.40 ↑ Sell  
    Lufthansa 6.714 Neutral  
    Siemens AG 175.90 ↑ Sell  
    Deutsche Bank AG 15.010 Neutral  
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