Politics, World

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

Contract includes production of 220,000 155-milimetre shells

Ahmet Gencturk  | 23.01.2024 - Update : 23.01.2024
NATO signs another deal for artillery shell production worth $1.2 billion

ATHENS

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.


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