Current:Home > MarketsNATO signs key artillery ammunition contract to replenish allied supplies and help Ukraine -Trailblazer Wealth Guides
NATO signs key artillery ammunition contract to replenish allied supplies and help Ukraine
View
Date:2025-04-16 23:36:00
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! (36478)
Related
- Nevada attorney general revives 2020 fake electors case
- US Supreme Court sends Arkansas redistricting case back to judges after South Carolina ruling
- Indiana Fever legend Tamika Catchings weighs in on Caitlin Clark, cheap shot, WNBA pressure
- Texas softball edges Stanford, reaches championship series of Women's College World Series
- A South Texas lawmaker’s 15
- Novak Djokovic wins his record 370th Slam match but isn’t sure he can continue at the French Open
- Feds seek person who left bag of $120,000 with promise of more at home of food fraud juror
- Gen Z hit harder by inflation than other age groups. But relief may be coming.
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Rupert Murdoch marries for 5th time in ceremony at his California vineyard
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Monica McNutt leaves Stephen A. Smith speechless by pushing back against WNBA coverage
- Crime scene analysts testify in trial of woman accused of killing boyfriend with SUV
- Wendy’s launches 'saucy' chicken nuggets in 7 flavors. Here’s how to try them first.
- The White House is cracking down on overdraft fees
- 'Just incredible': Neck chain blocks bullet, saves man's life in Colorado, police say
- Intelligence chairman says US may be less prepared for election threats than it was four years ago
- Spencer Wright’s Son Levi, 3, Being Taken Off Life Support After Toy Tractor Accident
Recommendation
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
NYC couple says they reeled in $100,000 in cash stuffed inside safe while magnet fishing: Finders keepers
Cher is 'proud' of boyfriend Alexander 'A.E.' Edwards after reported fight with Travis Scott
Horoscopes Today, June 1, 2024
Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
Trial in the fatal daytime ambush of rapper Young Dolph reset to September
Mourners can now speak to an AI version of the dead. But will that help with grief?
Save Big, Gift Better: Walmart's Best Father's Day Deals 2024 Feature Savings on Top Tech, Home & More