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Security07:08 · 1h ago

NATO Summit in Ankara Highlights Massive Arms Deals and Military Exports

Globes
Translated & summarized from Globes by baba
The story · English

The current NATO summit in Ankara is dominated by major arms trade activities, marking the first time a Turkish military manufacturers' trade exhibition is officially part of the agenda. Turkish President Recep Tayyip Erdogan is leveraging the summit to boost Turkey's military exports, capitalizing on NATO's preference for intra-alliance procurement. Following previous NATO summits where member states pledged hundreds of billions of dollars annually for defense spending, this meeting aims to turn those commitments into concrete deals.

The United States remains the largest beneficiary of this unprecedented European and Canadian rearmament, with American manufacturers securing $250 billion in orders from NATO clients over the past two years. However, NATO countries are also turning to other suppliers such as South Korea and Israel for rapid and efficient armament. South Korean President Yoon Suk-yeol was invited to attend the summit on Wednesday.

Several significant arms deals have been announced during the summit. Germany revealed a historic $23 billion deal to sell 12 advanced submarines to the Canadian Navy, the largest procurement in Canadian history, from the TKMS company. The Netherlands is also expected to announce deals worth €3 billion for air defense and warships, in cooperation with Belgium and the United Kingdom.

Ukraine is actively seeking buyers for its battlefield-proven weaponry, particularly drones, aiming to sign contracts with seven NATO countries by year-end. Ukrainian drones, which have demonstrated effectiveness against Russian forces, are already being purchased by Saudi Arabia, Qatar, the United Arab Emirates, Azerbaijan, Lithuania, and Latvia. Ukrainian officials emphasize that these deals encompass not only drones but also the associated technology, including radars and sensors, and plan to expand sales to additional NATO members. During a recent NATO exercise on Gotland Island, Ukrainian units showcased their high strike capabilities alongside Western forces.

This summit underscores the growing militarization within NATO and its partners, with arms trade and military cooperation at the forefront of discussions and agreements.

Read the original at Globes
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