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home / articles / HAWK - US Inks $138M Deal To Maintain And Upgrade Ukraine's HAWK Air Defence Systems | Benzinga


HAWK - US Inks $138M Deal To Maintain And Upgrade Ukraine's HAWK Air Defence Systems | Benzinga

Ukraine’s defense against Russian drone and cruise missile attacks, the United States has announced a sale of air defense upgrades worth $138 million to Ukraine.

What Happened: A U.S. State Department official revealed on Wednesday that the U.S. will sell Ukraine equipment to maintain and upgrade its HAWK air defense systems, according to a Reuters report.

The U.S. began shipping HAWK interceptor missiles to Ukraine in 2022, enhancing the shoulder-launched Stinger air defense missile systems – a smaller, shorter-range system.

Ukraine has since received several air defense systems, including the U.S.-made Patriot system. According to the report, the emergency foreign military sale announced on Tuesday is worth up to $138 million, the official said, speaking anonymously.

Despite Ukraine exhausting many U.S. funding sources, Kyiv was recently granted $300 million in foreign military financing as part of the annual defense spending bill. This grant will be used to pay for the equipment, which includes engineering and integration for communications and ...

Full story available on Benzinga.com

Stock Information

Company Name: Blackhawk Network Holdings Inc.
Stock Symbol: HAWK
Market: NASDAQ

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