US approves $2.1bn Patriot missile sale to Ukraine, funded by European allies
The State Department cleared the sale of 500 PAC-3 interceptor missiles to Ukraine on Friday, valued at $2.1 billion, with Canada, Germany, and Norway covering the cost through the JUMPSTART program and European Union loan financing. No United States funds are involved.
Lockheed Martin will serve as principal contractor. The order is for new builds, not existing stockpiles, placing any delivery well beyond the near term given an annual production rate of approximately 600 missiles.
Volodymyr Zelensky had pressed Washington for weeks to release the missiles, describing Ukraine's Patriot supply as critically low as Russia intensified strikes on energy infrastructure ahead of winter. Russian ballistic missiles struck two Ukrainian regions on Friday, Zelensky reported.
The approval follows a public dispute between Zelensky and Donald Trump, in which Trump suggested Ukraine needed new leadership to end the war. The sale signals continued material support from European partners channelled through American arms channels, even as the diplomatic relationship between Kyiv and Washington remains strained.
Continue reading.
Philadelphia 76ers become first NBA team to sign with Kalshi
LBank lists tokenised Kalshi shares before any IPO filing
North Fork Mono Casino opens in Madera County amid federal challenge
DOJ files amended lawsuit to block Alaska Senate certification
A few more worlds
worth exploring.
From the FreeMalta ecosystem.
The AI Journey
Explore AI beyond the headlines. Tools, ideas and a place to start.
Explore the journey 02 / THE GARAGEThe Garage
The companies behind the names. Explore their stories and the people building them.
Open the garage 03 / THE DUELThe Duel
Two contenders. A closer look. Put products side by side before choosing.
Choose your duel 04 / MALTAINSIDERMaltainsider
Discover the B2B side of Malta. A different lens on business and opportunity.
Meet Maltainsider