NATO says reinforce defence industry cooperation and production - Speech Brief
7 July 2026 11:36 UTC · NATO · NATO Transcript · Source · Email X Link

NATO says reinforce defence industry cooperation and production

Key points

  • NATO urges expanded defence production and industrial capacity
  • NATO urges governments and industry to cooperate and cut procurement and regulatory red tape

TL;DR

  • NATO says European Allies and Canada increased defence spending nearly 20% last year, an extra $139 billion, and combined 2025–2026 increases total about $258 billion.
  • NATO reports $37 billion was invested to boost the defence industrial base last year and that tens of billions in new contracts were announced at the Forum.
  • NATO projects the Alliance will be able to produce around four million artillery shells annually by next year, almost twice last year.
  • NATO notes Russia is allocating almost half its national budget to its war machine; China is modernising armed forces and expanding nuclear capabilities; North Korea is expanding its nuclear programme and supplying Russia; recent U.S. action has degraded Iran’s programmes but vigilance is required.
Original text

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