The Pentagon’s pricing error adds surplus of funds for future security packages
The Pentagon said an accounting error resulted in an overestimation of the value of weapons being sent to Ukraine by $6.2 billion over the last two years, and as a result, there is a surplus of money available for future security packages.
Pentagon spokesperson Sabrina Singh told reporters on Tuesday the accounting error was the result of military services using replacement costs instead of the book value of equipment sent to Ukraine.
Final calculations, she added, showed that in the current fiscal year there was an error of $3.6 billion, and in 2022 there was an error of $2.6 billion.
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Source: https://www.foxnews.com/politics/pentagon-accounting-error-overestimates-value-weapons-sent-ukraine-6-2-billion
