Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > US approves potential sale of Starlink services, Patriot equipment to Ukraine
    Headlines

    US approves potential sale of Starlink services, Patriot equipment to Ukraine

    US approves potential sale of Starlink services, Patriot equipment to Ukraine

    Published by Global Banking and Finance Review

    Posted on August 29, 2025

    Featured image for article about Headlines

    (Reuters) -The U.S. State Department has approved the potential sale of Starlink services and related equipment and Patriot air defense sustainment and related equipment to Ukraine, the Pentagon said on Friday.

    The transactions are worth $150 million and $179 million, respectively. On Thursday, the Pentagon announced U.S. approval for the sale of air-launched cruise missiles and related equipment to Ukraine for an estimated $825 million.

    The Trump administration has agreed with European allies to step up military support for Kyiv as U.S. President Donald Trump seeks to pressure Russia into agreeing a peace deal to end its war in Ukraine. Under the agreement, European governments will pay for U.S. weapons on Ukraine's behalf.

    Starlink has been integral to Ukraine's communications on the battlefield, including its control of drones, the backbone of its military's strikes on Russian forces.

    The Patriot systems have proven effective at destroying Russian ballistic missiles aimed at Ukraine's cities.

    Despite approval by the State Department, the notifications do not indicate that contracts have been signed or that negotiations have concluded.

    (Reporting by Ismail Shakil in Ottawa; Writing by Don Durfee; Editing by Leslie Adler and Richard Chang)

    Related Posts
    Strike by resident doctors in England to go ahead after rejecting government's offer
    Strike by resident doctors in England to go ahead after rejecting government's offer
    Ukraine says higher freight tariffs are inevitable
    Ukraine says higher freight tariffs are inevitable
    ECB warns Italy its 2026 budget could hurt bank liquidity
    ECB warns Italy its 2026 budget could hurt bank liquidity
    Explainer-What is lumpy skin disease for cattle and why are French farmers angry?
    Explainer-What is lumpy skin disease for cattle and why are French farmers angry?
    EU's von der Leyen, NATO's Rutte join Ukraine talks in Berlin
    EU's von der Leyen, NATO's Rutte join Ukraine talks in Berlin
    Liverpool parade driver ploughed into crowds 'in a rage', prosecutors say ahead of sentencing
    Liverpool parade driver ploughed into crowds 'in a rage', prosecutors say ahead of sentencing
    France seeks to delay Mercosur trade deal vote amid farmer protests
    France seeks to delay Mercosur trade deal vote amid farmer protests
    Vast majority of Ukrainians reject major peace concessions, poll finds
    Vast majority of Ukrainians reject major peace concessions, poll finds
    EU Commission expects to sign Mercosur agreement by end of year, spokesman says
    EU Commission expects to sign Mercosur agreement by end of year, spokesman says
    EU announces sanctions on companies, individuals for moving Russian oil
    EU announces sanctions on companies, individuals for moving Russian oil
    Spain fines Airbnb $75 million for unlicensed rental listings
    Spain fines Airbnb $75 million for unlicensed rental listings
    Italy's Juventus: a history of triumphs, tragedy and scandal
    Italy's Juventus: a history of triumphs, tragedy and scandal

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Previous Headlines PostNorth Korea leader Kim promises 'beautiful life' for families of 'martyrs' killed in Russia
    Next Headlines PostPutin lambasts trade sanctions on eve of visit to China

    More from Headlines

    Explore more articles in the Headlines category

    EU hands $84.5 million cartel fine to makers of car starter batteries

    EU hands $84.5 million cartel fine to makers of car starter batteries

    "It was dead people everywhere": Inside Australia's Hanukkah massacre

    "It was dead people everywhere": Inside Australia's Hanukkah massacre

    US demands EU exempt its gas from methane emissions law, document shows

    US demands EU exempt its gas from methane emissions law, document shows

    U.S. demands EU exempt its gas from methane emissions law, document shows

    U.S. demands EU exempt its gas from methane emissions law, document shows

    Explainer-Europe's carmakers look to overturn 2035 combustion engine ban

    Explainer-Europe's carmakers look to overturn 2035 combustion engine ban

    UK should make Jimmy Lai's release precondition to closer relations with China, says son

    UK should make Jimmy Lai's release precondition to closer relations with China, says son

    Slovak woman killed in Bondi Beach mass shooting, president says

    Slovak woman killed in Bondi Beach mass shooting, president says

    ECB: Payment fraud rises to 4.2 billion eur in 2024, strong authentication remains effective

    ECB: Payment fraud rises to 4.2 billion eur in 2024, strong authentication remains effective

    Thousands of Romanians protest against judicial abuses

    Thousands of Romanians protest against judicial abuses

    Greece arrests five over cocaine trafficking on ship from Venezuela to Europe

    Greece arrests five over cocaine trafficking on ship from Venezuela to Europe

    Italy crafts lab-grown snacks with fruit residues, plant cells and a 3D printer

    Italy crafts lab-grown snacks with fruit residues, plant cells and a 3D printer

    Witkoff, Kushner brief EU foreign ministers on Gaza via video conference, EU official says

    Witkoff, Kushner brief EU foreign ministers on Gaza via video conference, EU official says

    View All Headlines Posts