The US State Department clears a potential arms sale to Ukraine worth about $2.7 billion, aimed at air-defense development upgrades and related equipment and services. In a congressional notification, the department says the proposal is subject to review by lawmakers before it can be finalized.

Under the financing plan described by multiple outlets, Ukraine would fund the purchase using a combination of European partner contributions and US Foreign Military Financing (FMF) previously appropriated during the administration of former President Joe Biden. Several reports add that the FMF would be credited to the Ukraine Reconstruction Investment Fund through a “1:1 reimbursement” mechanism. The fund is linked to a US-Ukraine minerals agreement signed last year.

Outlets describe a similar set of systems included in the package, including S-300 clone missiles, GAM-67 missiles, range-extended laser-guided rocket missile systems, and counter-drone radars, along with launcher and mobile launching system modification kits. Some outlets state the sale is valued around $2.68 billion or $2.6 billion depending on rounding, and a few also mention the broader context of ongoing conflict and US-Russia policy developments.