NATO has signed a large ammunition deal that it says would help it supply Ukraine with desperately needed stocks.
The military alliance announced on Tuesday that it has signed a deal worth 1.1 billion euros ($1.2bn) to buy artillery shells. The move comes amid intensified exchanges of fire between Russia and Ukraine since the end of last year, which have depleted the latter’s weapons stockpiles.
NATO greenlit the purchase of 220,000 rounds of 155mm ammunition, the most widely sought-after artillery shell, noting that bulk buying for member states should ensure lower prices. Sources said the ammunition would be supplied by French arms maker Nexter and Germany’s Junghans.
“This is important to defend our own territory, to build up our own stocks, but also to continue to support Ukraine,” said NATO Secretary-General Jens Stoltenberg.
“The war in Ukraine has become a battle of ammunition,” he told reporters. “We cannot allow President [Vladimir] Putin to win in Ukraine … That would be a tragedy for the Ukrainians and dangerous for all of us.”
As progress on the front line has stalled in recent months, Russia and Ukraine have doubled down on exchanges of fire using artillery, missiles and drones.
However, Russia’s arms industry far outweighs Ukraine’s and Kyiv is struggling to secure both financing and weapons supplies from its Western allies needed to continue competing with Moscow’s firepower.