Bloomberg is reporting that it's now official... At a meeting in Paris, EU members agreed to spend $1.5 Billion usd to purchase 500,000 155mm artillery shells and 300,000 122mm artillery shells from nations abroad, for Ukraine
, to bridge the gap while America sorts out its supplemental package and European manufacturers ramp up production.
As many as 15 European countries and Canada
will donate to the intiative, with deliveries scheduled to begin in a few weeks. The 800,000 combined shells are expected to last 4-6 months in Ukraine, as additional supplies come online across Europe.
Germany
recently ordered 120,000, 122mm artillery shells from Bulgaria
, all which are to be delivered in 2024.
Overall, in the last week, Ukraine has received commitments that will see them receive an additional 920,000'ish artillery shells. Most importantly, these shells do not have a late 2024 / early 2025 timeline. The overwhelming majority of the shells can be delivered quickly.
It's expected that when additional aid from USA
is approved in Congress, the Americans will be able to send a further 300,000-500,000 shells within the first couple months.
EU countries have agreed to purchase $1.5 billion worth of shells for Ukraine - BloombergIt is obvious that the EU cannot quickly provide Ukraine with the necessary amount of ammunition, so at the meeting in Paris they decided to buy...
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