The US overspent its aid limit to Ukraine by hundreds of millions of dollars
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US Department of Defense: The Navy overspent the aid limit to Ukraine by hundreds of millions of dollars
The US Navy has overspent the funds allocated to Ukraine in 2022 three times. This is stated in the report of the state inspection of the US Department of Defense.
The total cost overruns were $398.9 million. “Although in these cases the Navy had the means to reverse the overruns, such funds may not be available in the future,” the inspector’s office said in a press release.
The inspectors recommended that the military ultimately take swift action to implement preventative controls to avoid future cost overruns.
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