Current:Home > FinanceNATO signs key artillery ammunition contract to replenish allied supplies and help Ukraine -Legacy Profit Partners
NATO signs key artillery ammunition contract to replenish allied supplies and help Ukraine
View
Date:2025-04-16 05:32:26
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! (7)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- 'The Walking Dead: The Ones Who Live': New series premiere date, cast, where to watch
- Lucky the horse lives up to name after being rescued from Los Angeles sinkhole
- Blind seal gives birth and nurtures the pup at an Illinois zoo
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Body of nursing student found on a University of Georgia campus; police questioning person of interest
- Influencer Ashleigh Jade recreates Taylor Swift outfit: 'She helped me find my spark again'
- Federal judge grants injunction in Tennessee lawsuit against the NCAA which freezes NIL rules
- Costco membership growth 'robust,' even amid fee increase: What to know about earnings release
- Green Bay police officer fatally shoots person during exchange of gunfire
Ranking
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Body of nursing student found on a University of Georgia campus; police questioning person of interest
- Bill headed to South Dakota governor would allow museum’s taxidermy animals to find new homes
- Beyoncé's use of Black writers, musicians can open the door for others in country music
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Death of beloved New York City owl, Flaco, in apparent building collision devastates legions of fans
- Embattled superintendent overseeing Las Vegas-area public schools steps down
- Louisiana advances a bill expanding death penalty methods in an effort to resume executions
Recommendation
Nevada attorney general revives 2020 fake electors case
Police: 7 farmworkers in van, 1 pickup driver killed in head-on crash in California farming region
A controversial idea at the heart of Bidenomics
Brother of suspect in nursing student’s killing had fake green card, feds say
B.A. Parker is learning the banjo
Fulton County D.A.'s office disputes new Trump claims about Fani Willis' relationship with her deputy Nathan Wade
Yankees' Alex Verdugo responds to scorching comments from ex-Red Sox star Jonathan Papelbon
1 dead, 3 injured following a fire at a Massachusetts house