Finance
Sweden pledges another $1.4 billion in military aid to Ukraine
Published by Global Banking & Finance Review®
Posted on February 19, 2026
1 min readLast updated: February 19, 2026
Tags:currencies
Quick Summary
Sweden unveiled a 12.9bn‑krona ($1.42bn) military aid package for Ukraine, prioritizing air defense and ammunition. Defense Minister Pal Jonson announced it at a Stockholm press conference on Feb 19, 2026. ([omni.se](https://omni.se/regeringen-ger-nytt-miljardstod-till-ukraina/a/aJ7Rad?utm_source=openai))
STOCKHOLM, Feb 19 (Reuters) - Sweden announced on Thursday a 12.9 billion crown ($1.42 billion) military aid package for Ukraine that will include air defence, drones, long-range missiles and ammunition.
The largest item in the package is the procurement of newly manufactured short‑range air defence equipment worth 4.3 billion crowns, the government said in a statement.
Including the package, which is part of a 40 billion crown framework for 2026, Sweden's military support to Ukraine since Russia's invasion in 2022 amounts to 103 billion crowns, Defence Minister Pal Jonson told a press conference.
"The focus is clear: newly manufactured air defence systems, long-range capabilities and ammunition to meet Ukraine’s most urgent operational needs," he said on X.
Two days of peace talks in Geneva between Ukraine and Russia ended on Wednesday without a breakthrough. President Volodymyr Zelenskiy said he was dissatisfied with the outcome, while Washington reported "meaningful progress".
Separately on Thursday, Stockholm said it plans to issue guarantees to the World Bank for a 2.5 billion crown loan to Ukraine.
($1 = 9.0640 Swedish crowns)
(Reporting by Anna Ringstrom, editing by Essi Lehto)
Key Takeaways
- •Sweden announced a 12.9bn‑krona ($1.42bn) military aid package for Ukraine, centered on air defense and ammunition. ([omni.se](https://omni.se/regeringen-ger-nytt-miljardstod-till-ukraina/a/aJ7Rad?utm_source=openai))
- •Defense Minister Pal Jonson revealed the package at a Stockholm press conference on February 19, 2026. ([omni.se](https://omni.se/regeringen-ger-nytt-miljardstod-till-ukraina/a/aJ7Rad?utm_source=openai))
- •The move answers Ukraine’s requests for strengthened air defenses and more ammunition to counter ongoing attacks. ([omni.se](https://omni.se/regeringen-ger-nytt-miljardstod-till-ukraina/a/aJ7Rad?utm_source=openai))
- •It follows Sweden’s stepped‑up support in 2025 and its February 2026 contribution to NATO’s PURL initiative for Ukraine. ([government.se](https://www.government.se/press-releases/2025/03/biggest-support-package-to-ukraine-so-far-increases-swedish-support-to-sek-29.5-billion-for-2025?utm_source=openai))
- •Nordic cooperation on systems like Sweden’s TRIDON Mk2 underlines a sustained focus on counter‑drone air defense. ([government.se](https://www.government.se/press-releases/2026/02/sweden-and-denmark-bolster-ukrainian-air-defence-with-modern-anti-aircraft-systems/?utm_source=openai))
Frequently Asked Questions about Sweden pledges another $1.4 billion in military aid to Ukraine
1What is the main topic?
Sweden announced a 12.9bn‑krona ($1.42bn) military aid package to Ukraine, focused on air defense and ammunition, unveiled by Defense Minister Pal Jonson in Stockholm on Feb 19, 2026. ([omni.se](https://omni.se/regeringen-ger-nytt-miljardstod-till-ukraina/a/aJ7Rad?utm_source=openai))
2How much is the package worth and in which currencies?
The package totals 12.9 billion Swedish kronor, about $1.42 billion based on reporting at the time of announcement. ([omni.se](https://omni.se/regeringen-ger-nytt-miljardstod-till-ukraina/a/aJ7Rad?utm_source=openai))
3What capabilities does the aid prioritize?
It prioritizes air defense solutions and ammunition in response to Ukraine’s requests and the evolving threat environment. ([omni.se](https://omni.se/regeringen-ger-nytt-miljardstod-till-ukraina/a/aJ7Rad?utm_source=openai))
