The bulk of the amount consists of over $145 million in Foreign Military Financing (FMF) to strengthen Latvian security and military interoperability.
"The latest FMF package, which received final approval by the U.S. Congress in late September, was announced by President Biden to support Ukraine and 17 countries that have provided significant assistance to Ukraine. Through FMF, Latvia can strengthen its defense and deterrence capabilities," the U.S. embassy said.
"Latvia’s significant military support for the defense of Ukraine has been crucial to the efforts of the Ukrainian people to fight back against ongoing Russian aggression. This financing will help Latvia to reinforce its own important defense capabilities to strengthen security on its territory and on NATO’s eastern flank.
Foreign Military Financing is a program that provides a grant or direct loan funding to foreign militaries for the purchase of U.S. defense equipment, training, and services. The $145.1 million that Latvia is receiving in Fiscal Year 2022 is grant funding," it added.
FMF enables eligible partner nations such as Latvia to purchase U.S. defense articles, services, and training. More about the program is available at: https://www.dsca.mil/foreign-military-financing-fmf
