Latest news with #SwedishArmedForces
Yahoo
27-05-2025
- Business
- Yahoo
Sweden allocates over $500 million for Ukraine's defense
Stockholm has allocated 4.8 billion Swedish kronor (nearly $504 million) to strengthen Ukraine's defense capabilities, according to a statement published on the Swedish government's website on May 26. The Swedish government approved a decision on May 22 to instruct the Swedish Armed Forces to contribute to multilateral funds and initiatives aimed at bolstering Ukraine's defense. This financial contribution is part of Sweden's 19th aid package for Ukraine, which was unveiled earlier this year. Sweden will contribute financially to the international coalitions formed within the framework of the Ukrainian Defense Contact Group (UDCG), also known as the Ramstein format, the statement read. Sweden will donate 100 million kronor ($10.5 million) to the demiming coalition for the purchase of equipment, 300 million kronor ($31.5 million) to the drone coalition, 50 million kronor ($5.2 million) to the maritime security coalition for training of Ukrainian Navy personnel within the framework of Operation Intercharge, and 30 million kronor ($3.1 million) to the security and IT management coalition for the creation of the Ukrainian Delta system. The Swedish government will also provide an additional 1 billion kronor ($105 million) through the Danish model of arms procurement, meaning direct purchases from the Ukrainian defense industry. An additional 418 million kronor ($43.9 million) will be allocated for the purchase of armored vehicles, 550 million kronor ($57.7 million) for ammunition procurement initiatives, and more than 1 billion kronor ($105 million) for the purchase of air defense systems and long-range drones. The financial assistance comes as European countries seek to bolster Ukraine as future backing from the U.S., the leading military donor, grows increasingly uncertain under President Donald Trump, even as a new Russian offensive looms. Read also: Why did Russia invade Ukraine? Debunking Putin's 'root causes' claims We've been working hard to bring you independent, locally-sourced news from Ukraine. Consider supporting the Kyiv Independent.
Yahoo
26-05-2025
- Business
- Yahoo
Sweden allocates over US$500m to strengthen Ukraine's defence capabilities
Sweden has allocated 4.8 billion Swedish Kronor (about US$504 million) to Ukraine to strengthen its defence capabilities. Source: European Pravda; Ministry of Defence of Sweden Details: The government decided on 22 May to instruct the Swedish Armed Forces to make financial contributions to multilateral funds and initiatives aimed at strengthening Ukraine's defence capabilities. The total amount of donations is about SEK 4.8 billion. This support is part of the 19th aid package presented this year. The international community has established several multilateral funds and initiatives to procure materials and equipment to strengthen Ukraine's defence capabilities. Stockholm contributes to several of them. Pål Jonson, the Swedish Minister of Defence, stressed that these funds would make the Armed Forces of Ukraine and the Ukrainian defence industry "stronger in their defence against Russia". In particular, this includes contributions to several capability coalitions within the framework of the Ukraine Defence Contact Group, also known as the Ramstein format: Demining Capability Coalition: SEK 100 million (about US$10.5 million). The money will be used to purchase demining equipment. Drone Coalition: SEK 300 million (about US$31.5 million). Sweden will help finance the purchase of various types of drones. Maritime Capability Coalition: SEK 50 million (about US$5.2 million). The Swedish contribution will help fund training for Ukrainian Navy personnel as part of Operation Intercharge. IT Coalition: SEK 30 million (about US$3.1 million). The funds will be used to purchase equipment for the creation of the Ukrainian Delta management system. The Swedish government also agreed to contribute further to the Danish model of arms procurement. Now, Stockholm has decided to allocate an additional SEK 1 billion (about US$105 million). In addition, the government has decided to allocate SEK 418 million (about US$43.9 million) to purchase armoured vehicle equipment. The government has also decided to support two multilateral ammunition procurement initiatives, including the Czech one. An additional SEK 550 million (about US$57.7 million) will be allocated for this purpose. In addition, the government is allocating more than SEK 1 billion to purchase air defence systems and long-range drones. Background: On 8 March, Sweden announced the allocation of about €2 million to develop opportunities for women in Ukraine and later about US$137 million for recovery and development. Support Ukrainska Pravda on Patreon!
Yahoo
31-03-2025
- Business
- Yahoo
Sweden sends military aid package worth US$1.6bn to Ukraine
Sweden has announced the transfer of its largest military aid package to Ukraine, worth almost US$1.6 billion. Source: Swedish Defence Minister Pål Jonson, as reported by European Pravda Details: Jonson said that the package includes support for Ukraine's air defence, artillery, satellite communications, and maritime capabilities. The government intends to authorise the Swedish Defence Materiel Administration (FMV) to purchase defence equipment from the Swedish, Scandinavian and European defence companies for the Armed Forces of Ukraine, based on Ukraine's needs. The selection of equipment will be based on FMV's ongoing analysis of the market's ability to produce the required equipment with short delivery times. Jonson added that as part of this package, Sweden would purchase new equipment worth about US$912 million from the defence industry. "Much of the international military support goes through multilateral initiatives, coalitions within the Ukraine Defence Contact Group, and purchases from Ukrainian defence industries for donations. Sweden will donate about US$465 million to these funds and initiatives," he said. The support package envisages strengthening cooperation with Denmark within the established model of support for the Ukrainian defence industry. The support package also includes the delivery of equipment from the Swedish Armed Forces. In particular, the following equipment will be handed over to Ukraine: Medical vehicles; Training weapons for firing M86 armour-piercing projectiles; Machine guns of the M58 type; Small calibre ammunition; About 100 vehicles of various types for maintaining the airbase; Basic and skilled equipment to support the airbase activities; Medical equipment and vehicles; Individual equipment; Equipment and provisions. As part of the support package, funds are allocated to identify and utilise technical innovations that require additional funding to complete and launch production. The FMV is tasked with identifying, testing and financing solutions that are in demand in Ukraine but need to be refined for use in wartime. The work will be based on specific demand and a short timeframe. Background: Last week, the Swedish government instructed the Swedish Armed Forces to make payments to coalitions of forces and assets in the areas of demining and unmanned aerial vehicles under the Ramstein format. On 13 March, Sweden announced that it would purchase Archer self-propelled artillery systems and Arthur counter-battery radars for Ukraine as part of the 18th military support package. Support Ukrainska Pravda on Patreon!
Yahoo
31-03-2025
- Business
- Yahoo
Sweden unveils its largest military aid package for Ukraine worth nearly $1.6 billion
Sweden will provide Ukraine with a military aid package worth almost $1.6 billion, Swedish Defense Minister Pal Jonson announced on March 31. The latest package is Sweden's largest tranche of military assistance since the beginning of Russia's full-scale invasion in 2022, according to Jonson. "The package includes, among other things, support for Ukraine's air defense, artillery, satellite communications, and maritime capacity," the minister said on X. With this package, Sweden's support to Ukraine since 2022 amounts to 80 billion Swedish kronor ($8 billion), the country's government said. This assistance has included Archer self-propelled howitzers, Strv 122 tanks, and CV90 infantry fighting vehicles. The latest package includes $912 million worth of equipment that will be procured from the Swedish defense industry and delivered to Ukraine in the span of "about 0-24 months." It also encompasses a $465 million donation to international multilateral initiatives, the Ukraine Defense Contact Group, and purchases from the Ukrainian defense industry. Kyiv will further receive material and spare parts from the Swedish Armed Forces worth about $93 million, including m/58 machine guns, ammunition, roughly 100 vehicles of various types for air base maintenance, and other support. Stockholm is also allocating $46 million for an export guarantee to supplement procurement for donations to Ukraine, ensuring more Swedish companies can support Kyiv by providing requested material. Finally, the Swedish Defense Materiel Administration, a state military procurement agency, "will also be tasked with identifying, testing and funding military solutions from small tech companies that need to be verified or scaled up for military purposes in Ukraine," Jonson said. The package comes as European countries seek to bolster support for Ukraine as future backing from the U.S., the leading military donor, grows increasingly uncertain under President Donald Trump. Read also: Ukraine war latest: Putin will have nothing to say at peace negotiations, Zelensky says We've been working hard to bring you independent, locally-sourced news from Ukraine. Consider supporting the Kyiv Independent.
Local Sweden
31-03-2025
- Business
- Local Sweden
Sweden makes largest military donation to Ukraine since invasion
Sweden will donate 16 billion kronor ($1.6 billion) in military aid to Ukraine, the government said on Monday - the largest military aid package from the Nordic country since Russia's 2022 invasion. Advertisement "The aid package we are presenting today is the largest so far that we will have donated to Ukraine. We want to send the message now that we are both intensifying our support and increasing its strength and scope," Swedish Defence Minister Pal Jonson told reporters. The majority of the aid package, nine billion kronor, would go towards the acquisition of newly produced materials, "mainly from the Swedish, but also the European defence industrial base." The materials would be selected judged by "Ukrainian needs," the government said. About five billion kronor would go towards the Ukrainian defence industry and different funds. Around half a billion would be made up of donations from the Swedish Armed Forces existing stockpiles. Jonson stressed that the war was in a "critical stage." "Now, all our focus is on supporting Ukraine as much as possible so that they can come into a position of strength during these negotiations," the defence minister said. Advertisement The latest package is the 19th tranche of military aid that Sweden has provided to Ukraine, with the total estimated at 80 billion kronor, according to the government. When it announced the previous aid package in January, Sweden said that it was moving from donating weapons from stockpiles to purchasing new arms. Earlier in March it said it would donate 18 of its home-developed Archer mobile artillery systems to Ukraine, of which had previously donated eight of. The country has already sent 50 of its CV90 armoured combat vehicles and "around 10" Leopard 2 tanks, as well as anti-air missile systems.
