The United States has signed an agreement to provide Poland with a $2 billion loan to support the European country’s defense modernization program. The deal will bolster the defense and deterrence of NATO’s eastern flank, the Department of State said on Monday. The Foreign Military Financing direct loan will fund Warsaw’s efforts to beef up...
Hello, Guest!
Tag: Foreign Military Financing
Post
US OKs $80M Arms Shipment to Boost Taiwan’s Self-Defense
Washington has cleared $80 million to fund the shipment of military supplies and services to Taiwan under the Department of State’s Foreign Military Financing program. A CNN report said that according to a letter the department addressed to Congress, the approved transfer of equipment under FMF, a program normally reserved for sovereign nations, would bolster...
Post
US To Provide $2B Direct Loan for Poland’s Defense Modernization Program
The United States has announced a $2 billion direct loan agreement to advance Poland’s defense modernization efforts. The Foreign Military Financing loan will support the country’s upgrade plans for its military forces, according to the Department of State. The deal will also bolster NATO’s defense and deterrence in Europe’s eastern flank, the department said, adding...
Post
US-Funded Cyber Defense Center Opens in Bulgaria
Bulgaria has established a Cyber Defense Center with funding from the U.S. Department of State’s Foreign Military Financing program. The new facility, inaugurated on Thursday, is the latest contribution of the United States to the Balkan nation. In the last five years, Washington has provided more than $238 million in security assistance to help the...