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UK announces new $2 billion deal to fund air-defence missiles for Ukraine

Published by Global Banking & Finance Review

Posted on March 2, 2025

1 min read

· Last updated: January 25, 2026

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UK announces new $2 billion deal to fund air-defence missiles for Ukraine
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LONDON (Reuters) - British Prime Minister Keir Starmer on Sunday announced a new 1.6 billion pound ($2 billion) deal which would allow Ukraine to purchase 5,000 air-defence missiles using export

UK Unveils $2 Billion Package for Ukraine's Air-Defence Missiles

LONDON (Reuters) - British Prime Minister Keir Starmer on Sunday announced a new 1.6 billion pound ($2 billion) deal which would allow Ukraine to purchase 5,000 air-defence missiles using export finance.

($1 = 0.7951 pounds)

(Reporting by Andrew MacAskill and Kate Holton, writing by William James; Editing by Conor Humphries)

Key Takeaways

  • UK announces a $2 billion deal for Ukraine's air-defence.
  • The package allows Ukraine to purchase 5,000 missiles.
  • Funding is facilitated through UK export finance.
  • Prime Minister Keir Starmer made the announcement.
  • The deal strengthens Ukraine's military capabilities.

Frequently Asked Questions

What is the value of the new deal announced by the UK?
The UK announced a new deal worth 1.6 billion pounds, equivalent to approximately $2 billion.
How many air-defence missiles will Ukraine purchase?
Ukraine will be able to purchase 5,000 air-defence missiles through this deal.
Who announced the new defence deal for Ukraine?
The announcement was made by British Prime Minister Keir Starmer.
What is the purpose of the funding provided by the UK?
The funding will allow Ukraine to enhance its military capabilities by purchasing air-defence missiles.
When was the deal announced?
The deal was announced on a Sunday, although the specific date is not mentioned in the article.

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