Magical Trade
Friday, January 27, 2023
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Magical Trade
No Result
View All Result
Home Trade News

U.S. will send Abrams tanks to Ukraine ahead of expected Russian offensive

by
January 25, 2023
in Trade News
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

3 investing lessons from the Club’s meeting Friday

Insana says there’s more evidence of slowing inflation and other central banks are noticing

WASHINGTON – The Biden administration announced on Wednesday it will equip Ukraine with the mighty M1A1 Abrams tank, a key reversal in the West’s effort to arm Kyiv as it prepares for a fresh Russian offensive.

The 31 M1A1 Abrams tanks, which amount to one Ukrainian tank battalion, will expand on the more than $26 billion the U.S. has committed to Kyiv’s fightsince Russia invaded nearly a year ago.

The U.S. will also provide eight M88 recovery vehicles that support the M1A1 Abrams. The Biden administration will also send more than 500 armored vehicles of various types to bolster Ukraine’s military.

The U.S. plans to purchase the new M1s using funds from the congressionally approved Ukraine Security Assistance Initiative.

It will “take some time” for the tanks to be delivered to Ukraine, a senior Biden administration official said Wednesday.

“We are talking months as opposed to weeks,” said the official, who spoke on the condition of anonymity.

A M1A2 SEP (V2) Abrams Main Battle Tank being unloaded in
Staff Sgt. Grady Jones | U.S. Army | Flickr CC

The Pentagon has been tasked with providing the training, maintenance and logistics support for the M1A1 tanks, according to the official. Another U.S. official said that the training on how to use the tanks, which will take several months, will occur outside of Ukraine.

The sudden U.S. about-face follows weeks of hesitation on whether to send the tanks. The administration mulled whether they would offer Ukraine an advantage because they take significant effort to maintain.

“The real challenge with giving the Ukrainians M1A1 tanks is not fuel but maintenance,” Jeffrey Edmonds, a Russian military expert at CNA, told CNBC.

“Each system on the tank, from the turbine engine to the complex sights used by the gunner, is complex, requiring numerous intricate parts to function properly,” added Edmonds, who has a military career spanning more than two decades.

Edmonds, who spent seven years of service on M1A1 Abrams tanks, said that the platform has specific parts that “are not interchangeable with other tanks and their maintenance is a skill in and of itself.”

U.S. officials shared similar concerns for weeks at the departments of State and Defense and White House podiums, and also during Secretary of Defense Lloyd Austin’s recent trip to Germany.

“The M1 is a very capable battlefield platform and it’s also a very complex capability. And so, like anything that we’re providing to Ukraine, we want to ensure that they have the ability to maintain it, sustain it, to train on it,” Pentagon press secretary U.S. Air Force Brig. Gen. Pat Ryder told reporters on Tuesday.

On Wednesday, a U.S. official said the decision to send the Abrams tanks reflected an evolution in what Ukraine needed on a shifting battlefield.

“This decision is very much in keeping with a constant conversation with allies and partners and of course with Ukraine,” the official said.

At close to 70 tons, the stalwart M1A1 Abrams is among the heaviest tanks in the world. It makes up for its weight with remarkable firepower and unnerving maneuverability.

Built by General Dynamics Land Systems

A U.S. M1A1 Abrams Main Battle Tank during a day of training at Exercise.
Cpl. Tyler Main | U.S. Marine Corps | Flickr CC

The addition of the U.S. tanks to the latest military aid package follows German Chancellor Olaf Scholz’s decision to provide Ukraine with Leopard 2 tanks.

Germany said its goal was to “quickly assemble two tank battalions with Leopard 2 tanks for Ukraine.” The country will supply 14 Leopard 2 A6 tanks in what it called a “first step.”

The training of the Ukrainian crews is set to begin quickly in Germany.

One senior U.S. Biden administration official said that Washington expects and welcomes the arrival of hundreds of armored vehicles and tanks in Ukraine from Western allies in the coming months.

‘Blatant provocation’

Russia has been largely isolated from the global stage following its brutal invasion of Ukraine. And yet, other countries accused of gross human rights abuses continue to be engaged with by the international community. That begs the question: what does it take to be labeled a pariah state and who gets to decide?
Getty Images

The Kremlin slammed the potential weapons transfer on Tuesday, and said that it will not “prevent Russia from reaching our goals.”

Kremlin spokesman Dmitry Peskov condemned the expected U.S. announcement, saying, “Unfortunately more weapons from NATO bring more suffering for people in Ukraine.”

“It also brings more attention to the continent but it cannot prevent Russia from reaching our goals,” he added.

Russia’s Ambassador to the U.S. Anatoly Antonov said the tanks “would be another blatant provocation against the Russian Federation.”

“If a decision to transfer to Kyiv M1 Abrams is made, American tanks without any doubt will be destroyed as all other samples of NATO military equipment,” he said.

This story is developing. Please check back for updates.

ShareTweetPin

Related Posts

3 investing lessons from the Club’s meeting Friday

by
January 27, 2023
0

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a...

Insana says there’s more evidence of slowing inflation and other central banks are noticing

by
January 27, 2023
0

Federal Reserve Board Chairman Jerome Powell holds a news conference following the announcement that the Federal Reserve raised interest rates...

FDA proposal would allow gay men in monogamous relationships to donate blood

by
January 27, 2023
0

A nurse fills test tubes with blood to be tested during an American Red Cross bloodmobile in Fullerton, CA on...

A further stock rally will be ‘like bathing in lava’ for market bears, BofA says

by
January 27, 2023
0

Investors betting against the stock market have taken their lumps in 2023 and could be in for more trouble ahead,...

Body camera footage from Paul Pelosi attack released

by
January 27, 2023
0

Paul Pelosi (L) and House Minority Leader Nancy Pelosi (D-CA) attend the 2018 White House Correspondents' Dinner at Washington Hilton...

Next Post

Tesla reports earnings after the bell Wednesday

Black Knight: Mortgage Delinquency Rate Increased in December; Prepayments at Record Low

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:



By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • Fund manager believes FAANG is dead — says now it’s all about MANTA

    0 shares
    Share 0 Tweet 0
  • Forget Tesla — this auto stock is the one to buy right now, analyst says

    0 shares
    Share 0 Tweet 0
  • Bank of America names its top global tech stocks — including one it says has upside of 100%

    0 shares
    Share 0 Tweet 0
  • Josh Brown says Nvidia’s potential is ‘scary’ ahead of a potential AI boom

    0 shares
    Share 0 Tweet 0
  • Cut Your Retirement Spending Now, Says Creator of the 4% Rule

    0 shares
    Share 0 Tweet 0
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by www.magicaltrade.net
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

All rights reserved by www.magicaltrade.net