NATO looks to give global arms industry clearer demand signals by sharing defense plans

By Tony Bertuca / June 3, 2024 at 2:09 PM
U.S. NATO Ambassador Julianne Smith said today the alliance intends to make new defense production announcements at a key summit in July that could give arms manufacturers insight into NATO's defense planning guidance in the hopes the information will serve as a multiyear "demand signal" to spur new investments in munitions capacity. Smith, speaking to several reporters at a Defense Writers Group event in Washington, said: “We will have something to say at the summit about the possibility of lashing...

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