NATO signs a nearly $700 million contract to have member countries produce more anti-aircraft Stinger missiles in an effort to prevent future attacks.
As the NATO summit is underway, the alliance on Tuesday moved toward a major boost in arms production as it signed a nearly $700 million contract enabling member countries to produce more anti-aircraft Stinger missiles.The FIM-92 Stinger is a portable surface-to-air missile system by Raytheon that can be utilized by ground troops or mounted on vehicles to provide short-range defense against aerial threats.
, also revealed on Tuesday that for the first time, NATO countries would each pledge to develop plans to enhance their industrial defense capacities as the alliance aims to prioritize the production of essential defense equipment needed in potential conflicts, according to the Associated Press.Since the invasion, the U.S. has provided more than $53.6 billion in weapons and security assistance to Ukraine.
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