Current:Home > NewsNATO signs key artillery ammunition contract to replenish allied supplies and help Ukraine -FutureWise Finance
NATO signs key artillery ammunition contract to replenish allied supplies and help Ukraine
View
Date:2025-04-18 12:54:04
BRUSSELS (AP) — NATO signed on Tuesday a $1.2-billion contract to make tens of thousands of artillery rounds to replenish the dwindling stocks of its member countries as they supply ammunition to Ukraine to help it defeat Russia’s invasion.
The contract will allow for the purchase of 220,000 rounds of 155-millimeter ammunition, the most widely sought after artillery shell, according to NATO’s support and procurement agency. It will allow allies to backfill their arsenals and to provide Ukraine with more ammunition.
“This is important to defend our own territory, to build up our own stocks, but also to continue to support Ukraine,” NATO Secretary-General Jens Stoltenberg told reporters.
“We cannot allow President (Vladimir) Putin to win in Ukraine,” he added. “That would be a tragedy for the Ukrainians and dangerous for all of us.”
Ukraine was firing around 4,000 to 7,000 artillery shells each day last summer, while Russia was launching more than 20,000 shells daily in its neighbor’s territory, according to European Union estimates.
Russia’s arms industry far outweighs Ukraine’s and Kyiv needs help to match Moscow’s firepower.
But the shells will not arrive quickly — delivery on orders takes anywhere from 24 to 36 months, the NATO agency said.
The European Union plans to produce 1 million artillery rounds for Ukraine have fallen short, with only about a third of the target met. Senior EU officials have said that they now expect the European defense industry to be producing around one million shells annually by the end of this year.
___
Find more of AP’s coverage of Russia and Ukraine at https://apnews.com/hub/russia-ukraine
veryGood! (241)
Related
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Want tickets to Taylor Swift's new tour dates? These tips will help you score seats
- SUV crash kills a man and his grandson while they work in yard in Maine
- Jailed Russian opposition leader Alexey Navalny braces for verdict in latest trial
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- 6 ex-officers plead guilty to violating civil rights of 2 Black men in Mississippi
- Southern Charm's Season 9 Trailer Teases 2 Shocking Hookups
- Extreme heat has caused several hiking deaths this summer. Here's how to stay safe.
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Pence seizes on Trump’s latest indictment as he looks to break through in crowded GOP field
Ranking
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Houston volunteer found not guilty for feeding the homeless. Now he's suing the city.
- Southern Charm's Season 9 Trailer Teases 2 Shocking Hookups
- Kelsea Ballerini Urges Fans Not to Dig Up Morgan Evans Divorce Drama Ahead of Extended EP Release
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Shortness of breath can be a scary thing. How to tell if anxiety is to blame.
- White House says top Russian official pitched North Korea on increasing sale of munitions to Moscow
- Cardi B will not be charged in Las Vegas microphone-throwing incident, police say
Recommendation
A South Texas lawmaker’s 15
2 injured, 4 unaccounted for after house explosion
The Summer I Turned Pretty Season 3 Is Coming: All the Dreamy Details
Teenager charged after throwing gas on a bonfire, triggering explosion that burned 17
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
Play it again, Joe. Biden bets that repeating himself is smart politics
Oregon crabbers and environmentalists are at odds as a commission votes on rules to protect whales
'Mutant Mayhem' reboots the Teenage Mutant Ninja Turtles, and does it well