Published on 10 Apr 2024 on Insider Monkey via Yahoo Finance
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A vital lesson learned from Russia’s invasion of Ukraine has been what the world could look like without Washington’s involvement, and what it looks like when America flexes its muscle. Kyiv, if left alone, would have quickly crumbled against Russian advances, with Putin handing out punishments to members of the Ukrainian resistance. Instead, we have seen Ukrainian identity being asserted on the world stage and its president, Zelenskyy, making the front pages of newspapers and magazines across the globe for the heroic fightback.
This has been made possible with heavy financial and military assistance provided by the United States to help Ukraine in repelling Russian aggression. For instance, Lockheed Martin Corporation (NYSE:LMT)’s High Mobility Artillery Rocket Systems (HIMARS) have been instrumental in Ukraine’s defense. According to a report, the US has donated 39 HIMARS to the country since 2022, and these are now the finest weapons in the hands of the Ukrainian military to push back the Russians. On the other hand, RTX Corporation (NYSE:RTX) has received more than $3 billion in orders tied with replenishing Kyiv, which includes an agreement to build 1,300 stinger missiles.