The US is considering spending $3.1 billion to increase production and stockpiling of this type of artillery shell.

The US Army is waiting for Congress to approve $3.1 billion to buy 155mm artillery shells and expand heavy artillery production, to replenish stocks that are being depleted due to aid to Ukraine and Israel.

155mm artillery shells are indispensable weapons in the US military. (Source: Business Insider)

Speaking to reporters on November 7, US Assistant Secretary of the Army for Acquisition, Logistics and Technology Douglas Bush said that the US Congress is considering additional funding, within the framework of President Joe Biden's $106 billion spending proposal, to modernize or build 155mm artillery production facilities in many states such as Texas, Tennessee, Virginia and California.

Of the $3.1 billion earmarked for the 155mm guns, about half will go to bolstering the artillery manufacturing industry and the rest to buy ammunition.

Mr. Bush emphasized that this funding will help expand production lines, strengthen the US economy and create more jobs.

Demand for 155mm artillery shells has skyrocketed since Russia launched a special military operation in Ukraine in February 2022. To date, the US and its allies have provided more than 2 million 155mm artillery shells to Kiev. Washington plans to increase production of 155mm artillery shells to 100,000 shells per month by 2025.

In its latest earnings report, General Dynamics said the company benefited from Pentagon spending on additional equipment and hardware, including 155mm guns.

(according to US News & World Report)

Source: https://baoquocte.vn/my-xem-xet-chi-31-ty-usd-de-tang-cuong-san-xuat-va-du-tru-loai-dan-phao-nay-249166.html