US gives green light to major new arms package for Ukraine: 500 Patriot missiles, in $2,1 billion deal

Ukraine is set to significantly strengthen its air defenses with an additional 500 Patriot PAC-3 interceptor missiles after the U.S. State Department approved a possible sale worth about $2,1 billion. Kiev will not bear the costs of the purchase alone: the financing will include contributions from Canada, Germany and Norway, as well as funds from the European Union loan to support Ukraine, Reuters reports.
The US State Department announced on Friday, October 30, the approval of the sale to Ukraine of 500 Patriot PAC-3 defensive interceptor missiles. The estimated value of the transaction is $2,1 billion.
The acquisition will be financed by contributions from Canada, Germany and Norway, channeled through the US JUMPSTART program. Ukraine will also use national funds financed through the European Union loan intended to support the country.
The prime contractor for this sale is Lockheed Martin.