US to give Poland new $4 billion loan for arms purchases, PAP reports
- On Friday, U.S. Under Secretary for Arms Control and International Security Thomas DiNanno announced a new $4 billion Foreign Military Financing loan for Poland to bolster its defense capabilities.
- Poland successfully conducted the inaugural flight of its first batch of F-35s on Friday, becoming the first NATO-member on the alliance's eastern flank to acquire these advanced aircraft.
- This financial assistance brings total funds available to Poland for arms purchases to $20 billion, supplementing a 2020 deal worth $4.6 billion for 32 of the jets.
- Defence Minister Wladyslaw Kosiniak-Kamysz announced, "We have included two additional squadrons of 5th-generation F-35 aircraft," during the ceremony also attended by Polish President Karol Nawrocki.
- Deliveries of the aircraft will continue through 2029, as Polish officials say the F-35s will provide a major boost to the country's defence capabilities.
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14 Articles
US to give Poland new $4 billion loan for arms purchases, PAP reports
Poland Welcomes U.S. War Loan
The United States will lend Poland $4 billion (€3.5 billion), it was announced on Friday, June 12th. The funds will come from the Foreign Military Financing programme, according to the U.S. Under Secretary for Arms Control and International Security, Thomas DiNanno, allowing further arms purchases. DiNanno was speaking at an event to mark the inaugural flight of three F-35 jets bought from the U.S. (with more deliveries scheduled by 2029). A tot…
U.S. expands military financing for Poland by $4 billion, bringing total available credit to $20 billion under FMF program
DiNanno disclosed that the new allocation brings Poland’s total available pool under the FMF program to $20 billion, underscoring the depth of the bilateral defense relationship. “I’d like to take this opportunity to announce today the United States will be making another $4 billion available in the Foreign Military Financing (FMF) program for Poland,” DiNanno stated at the event, adding that “this signifies US commitment to Polish security and …
Previously, Poland had borrowed a total of about $15 billion under the Foreign Military Finance programme, which had been used to purchase United States equipment.
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