NATO to announce tens of billions in new defense contracts at Ankara summit
NATO chief Mark Rutte said on Thursday that tens of billions of dollars in new defense-related contracts will be announced at the alliance's upcoming July summit in Ankara.
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- Agencies and A News
- Published Date: 09:49 | 25 June 2026
- Modified Date: 09:56 | 25 June 2026
NATO Secretary-General Mark Rutte said Thursday that the alliance will unveil tens of billions of dollars in new defense contracts at next month's summit in Türkiye's capital, Ankara, as member states seek to expand military production and strengthen collective security capabilities.
Speaking at the Atlantic Council Front Page event in Washington, Rutte said NATO allies must do more to translate their economic strength into military capabilities amid growing global security challenges.
"We need to ensure that we are translating our economic might into military capabilities," Rutte said.
"This means overcoming fragmented national defense industries on basically the other side of the Atlantic, cutting red tape here in Washington and keeping innovation front and center across the alliance."
Rutte said the July 7–8 NATO summit in Ankara would provide an opportunity to showcase progress in expanding defense industrial cooperation and increasing production capacity.
"We will announce tens of billions of dollars of new contracts," he said, adding that defense companies across the alliance were ramping up output to meet growing demand.
Rutte also reaffirmed NATO's support for Ukraine, saying Ukrainian President Volodymyr Zelenskyy would attend the summit.
"President Zelenskyy will join us in Ankara," he said. "We expect to show him and all Ukrainians that our support endures, and remind (Russian) President (Vladimir) Putin that we are not going anywhere."
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