NATO signs another deal for artillery shell production worth $1.2 billion

By Ahmet Gencturk

ATHENS (AA) - NATO announced Tuesday it signed another deal for artillery production worth $1.2 billion.

“Russia’s war in Ukraine has become a battle for ammunition, so it is important that Allies refill their own stocks, as we continue to support Ukraine,” said Secretary-General Jens Stoltenberg, according to a statement by the alliance.

“This is a significant boost for our transatlantic defense industry, helping us to meet our own security needs while continuing to provide vital support for Ukraine,” he said at a signing ceremony with the NATO Support and Procurement Agency (NSPA) in Brussels.

He revealed that NSPA has agreed to contracts worth around $10 billion since July, including howitzer shells, tank ammunition, anti-tank guided missiles and 155-millimetre ammunition and Patriot interceptor missiles.