As Joe Biden continues to give away most of our weapons to Ukraine, the United States has been left in shambles as its military stockpiles have been reduced to levels not seen in decades, according to a recent Bank of America securities report.
The report, obtained by Newsmax, said the U.S. had committed nearly $8.4 billion through presidential drawdowns – more than half of the overall $16.2 in security aid – since Russian President Vladimir Putin began his unprovoked attack on Feb. 24.
“As the U.S. continues to provide security assistance to Ukraine, defense primes have been tasked with both meeting newfound demand throughout Europe and restocking U.S. inventories that have dwindled as a result of 20 presidential drawdowns since August 2021,” the report said.
Department of Defense officials have indicated that ammunition stocks with several ground systems have dwindled to levels that would be considered problematic during wartime, the report said.
The Pentagon said that roughly $1.2 billion in contracts already were being processed in order to replenish stockpiles, especially for Stinger missiles ($624 million), Javelin missiles ($352 million), and HIMARS systems ($33 million).
Biden on Friday signed into law a bill that finances the federal government through mid-December and provides another infusion of military and economic aid to Ukraine.
The legislation provides more than $12.3 billion in Ukraine-related aid. The money will go to provide training, equipment, and logistics support for the Ukraine military, help Ukraine’s government provide basic services to its citizens, and replenish U.S. weapons systems and munitions.
