Published by Global Banking & Finance Review®
Posted on February 19, 2026
2 min readLast updated: April 3, 2026
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Sweden unveiled a 12.9bn‑krona ($1.42bn) military aid package for Ukraine, prioritizing air defense and ammunition. Defense Minister Pal Jonson announced it at a Stockholm press conference on Feb 19, 2026. (omni.se)
STOCKHOLM, Feb 19 (Reuters) - Sweden announced on Thursday a 12.9 billion crown ($1.42 billion) military aid package for Ukraine that will include air defence, drones, long-range missiles and ammunition.
The largest item in the package is the procurement of newly manufactured short‑range air defence equipment worth 4.3 billion crowns, the government said in a statement.
Including the package, which is part of a 40 billion crown framework for 2026, Sweden's military support to Ukraine since Russia's invasion in 2022 amounts to 103 billion crowns, Defence Minister Pal Jonson told a press conference.
"The focus is clear: newly manufactured air defence systems, long-range capabilities and ammunition to meet Ukraine’s most urgent operational needs," he said on X.
Two days of peace talks in Geneva between Ukraine and Russia ended on Wednesday without a breakthrough. President Volodymyr Zelenskiy said he was dissatisfied with the outcome, while Washington reported "meaningful progress".
Separately on Thursday, Stockholm said it plans to issue guarantees to the World Bank for a 2.5 billion crown loan to Ukraine.
($1 = 9.0640 Swedish crowns)
(Reporting by Anna Ringstrom, editing by Essi Lehto)
Sweden announced a 12.9bn‑krona ($1.42bn) military aid package to Ukraine, focused on air defense and ammunition, unveiled by Defense Minister Pal Jonson in Stockholm on Feb 19, 2026. (omni.se)
The package totals 12.9 billion Swedish kronor, about $1.42 billion based on reporting at the time of announcement. ()
It prioritizes air defense solutions and ammunition in response to Ukraine’s requests and the evolving threat environment. (omni.se)
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