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    Home > Headlines > US State Department approves potential sale of air-launched cruise missiles to Ukraine
    Headlines

    US State Department approves potential sale of air-launched cruise missiles to Ukraine

    Published by Global Banking & Finance Review®

    Posted on August 28, 2025

    2 min read

    Last updated: January 22, 2026

    US State Department approves potential sale of air-launched cruise missiles to Ukraine - Headlines news and analysis from Global Banking & Finance Review
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    Tags:foreign currencyfinancial stabilityinvestmentfinancial managementInternational trade

    Quick Summary

    The US State Department has approved a potential $825 million sale of air-launched cruise missiles to Ukraine, enhancing its defense capabilities.

    U.S. State Department Greenlights Sale of Cruise Missiles to Ukraine

    By Mike Stone and Ryan Patrick Jones

    (Reuters) -The U.S. State Department has approved a potential sale of air-launched cruise missiles and related equipment to Ukraine for an estimated $825 million, the Pentagon said on Thursday.

    The potential sale of 3,350 Extended Range Attack Munition (ERAM) missiles includes GPS guidance kits and electronic warfare defenses for the weapons, which have a range of "several hundred" miles according to one of the manufacturers.

    Kyiv came under massive attack from Russia on Thursday, and Ukrainian President Volodymyr Zelenskiy said earlier this month Kyiv has secured $1.5 billion from European allies to purchase U.S. weapons as part of a mechanism that he said "truly strengthens our defense."

    The potential sale is being funded under the Jump Start program by Denmark, Norway, and the Netherlands, with additional funding via the U.S. Foreign Military Financing program, a person familiar with the deal said.

    The package also includes support equipment, mission planning software, spares, and technical support, the Pentagon said.

    The Pentagon's Defense Security Cooperation Agency notified Congress of the possible sale on Thursday, adding, "This proposed sale will support the foreign policy and national security objectives of the United States by improving the security of a partner country that is a force for political stability and economic progress in Europe."

    Despite approval by the State Department, the notification does not indicate that a contract has been signed or that negotiations have concluded.

    The Pentagon said Zone 5 Technologies and CoAspire were the prime contractors for the weapons.

    (Reporting by Mike Stone in Washington, Ryan Patrick Jones in Toronto and Bhargav Acharya in TorontoEditing by Rod Nickel)

    Key Takeaways

    • •US approves potential sale of cruise missiles to Ukraine.
    • •The deal is valued at approximately $825 million.
    • •Includes 3,350 ERAM missiles with GPS kits.
    • •Funded by European allies and US military programs.
    • •Aims to bolster Ukraine's defense against Russia.

    Frequently Asked Questions about US State Department approves potential sale of air-launched cruise missiles to Ukraine

    1What is the estimated value of the missile sale to Ukraine?

    The estimated value of the potential sale of air-launched cruise missiles to Ukraine is $825 million.

    2What type of missiles are included in the sale?

    The sale includes 3,350 Extended Range Attack Munition (ERAM) missiles, which come with GPS guidance kits and electronic warfare defenses.

    3Who is funding the missile sale?

    The missile sale is funded under the Jump Start program by Denmark, Norway, and the Netherlands, with additional funding from the U.S. Foreign Military Financing program.

    4Have contracts been signed for the missile sale?

    Despite the approval by the State Department, the notification does not indicate that a contract has been signed or that negotiations have concluded.

    5Which companies are the prime contractors for the weapons?

    The Pentagon stated that Zone 5 Technologies and CoAspire are the prime contractors for the air-launched cruise missiles.

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