Key Takeaways
- NATO invests $1.2 billion in artillery ammunition production.
- The investment will be used to buy hundreds of thousands of 155 mm artillery ammunition.
- NATO Secretary General Jens Stoltenberg announced the new investment in Brussels.
Moscow: NATO has concluded new large-scale investment contracts worth $1.2 billion in the production of artillery ammunition, NATO Secretary General Jens Stoltenberg said on Tuesday.
“We have just concluded contracts worth 1,2 billion US dollars to buy hundreds of thousands of 155 mm artillery ammunition,” Stoltenberg said during speech after the signing ceremony for the new investment in artillery ammunition in Brussels.
