NATO signs $700 million Stinger missile contract as it makes plans to boost arms production
The Peninsula
WASHINGTON: NATO has signed a nearly $700 million contract to have member countries produce more Stinger missiles, one of many steps the alliance is p...
WASHINGTON: NATO has signed a nearly $700 million contract to have member countries produce more Stinger missiles, one of many steps the alliance is pressing at its summit in Washington to get each country to boost its own weapons production capabilities.
Outgoing NATO Secretary-General Jens Stoltenberg announced the contract on Tuesday at a Chamber of Commerce industry day focused on increasing NATO member countries' defense manufacturing capabilities to deter future attacks.
"There is no way to provide strong defense without a strong defense industry," Stoltenberg said.
The Stinger is a portable surface-to-air defense system that can be carried and fired by troops or mounted to a vehicle and used as short-range defense against aircraft. The Raytheon-produced system was one of the first weapons the U.S. shipped to Ukraine following Russia's 2022 invasion.
The NATO summit is occurring against a backdrop of uncertainty: U.S. political divisions delayed weapons for Ukraine for months and the upcoming presidential election is raising concern that U.S. backing - with weapons and troops - in case of threats against member countries may not always be guaranteed.
