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NOELREPORTS
noelreports.com
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Ukraine lost $770M on fake arms contracts, according to the FT. Advance payments were sent to foreign intermediaries, but no weapons were delivered—amounting to a major hit to the $6–8B annual defense budget. In 2022, some deals involved 120mm mortars from Sudan via middlemen linked to Russia.
2025-05-17T07:51:25.045Z