Pentagon says Ukraine accounting error revealed last month revised up from $3 billion to $6.2 billion

The Pentagon overestimated its funding for equipment sent to Ukraine by $6.2 billion due to an accounting error, more than double the previously reported amount.

Reuters
First Published21 Jun 2023
Deputy Pentagon Press Secretary Sabrina Singh speaks during a briefing at the Pentagon in Washington, Thursday, May 18, 2023. (AP Photo/Andrew Harnik)
Deputy Pentagon Press Secretary Sabrina Singh speaks during a briefing at the Pentagon in Washington, Thursday, May 18, 2023. (AP Photo/Andrew Harnik)(AP)

The Pentagon found it had overestimated the amount of funding for ammunition, missiles and other equipment it sent to Ukraine by $6.2 billion due to an accounting error, a spokesperson said on Tuesday, more than double the amount previously disclosed.

The value of the accounting error was revised up from the $3 billion that was first reported by Reuters in May, the result of assigning a higher-than-warranted value on U.S. weaponry shipped to Ukraine.

Additional funding was uncovered as Pentagon officials researched the situation more thoroughly and clarified protocols for valuing equipment based on Financial Management Regulation and Department of Defense policy, Pentagon deputy press secretary Sabrina Singh said.

The $6.2 billion breaks down to $3.6 billion for fiscal year 2023 and $2.6 billion for fiscal year 2022, she said, adding that the errors did not impact the size of presidential drawdown authority or support for Ukraine.

 

 

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