Current:Home > MyNATO signs key artillery ammunition contract to replenish allied supplies and help Ukraine -FinTechWorld
NATO signs key artillery ammunition contract to replenish allied supplies and help Ukraine
View
Date:2025-04-16 16:11:46
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! (8286)
Related
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- David Rubenstein has a deal to buy the Baltimore Orioles for $1.725 billion, AP source says
- Utah is the latest state to ban diversity, equity and inclusion efforts on campus and in government
- A Holocaust survivor identifies with the pain of both sides in the Israel-Hamas war
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- NFL says Super Bowl viewers will only see 3 sports betting ads during broadcast of the game
- Toyota warns drivers of 50,000 cars to stop driving immediately and get repairs: See models affected
- Over 50% of Americans would take a 20% pay cut for 'work-life balance. But can they retire?
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Wisconsin judge affirms regulators can force factory farms to get preemptive pollution permits
Ranking
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- North Carolina man trying to charge car battery indoors sparked house fire, authorities say
- Some Republican leaders are pushing back against the conservative Freedom Caucus in statehouses
- Walmart managers to earn up to $20,000 in company stock grants annually, CEO says
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- American consumers feeling more confident than they have in two years
- A Holocaust survivor identifies with the pain of both sides in the Israel-Hamas war
- Hunter Biden’s lawyers press for dismissal of gun charges by arguing they are politically motivated
Recommendation
A South Texas lawmaker’s 15
New York expands the legal definition of rape to include many forms of nonconsensual sexual contact
Best Super Bowl LVIII player prop bets for Chiefs-49ers you can place right now
Walmart says managers can now earn up to $400,000 a year — no college degree needed
Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
Greyhound bus crash in Alabama: 1 killed, 9 others injured including bus driver
'Riverdale' star Lili Reinhart diagnosed with alopecia amid 'major depressive episode'
Zimbabwe opposition figure gets suspended sentence after nearly 2 years in pretrial detention