Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

NATO showcases big arms deals

Reuters
Updated: July 7th, 2026, 22:19 IST
in International
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Ankara: NATO leaders began unveiling arms deals worth tens of billions of dollars in Turkey Tuesday, driving home the message that they are heeding US calls to spend more to defend Europe before a summit with President Donald Trump. To upbeat tunes and slick videos at a defence industry forum in the capital Ankara, NATO Secretary General Mark Rutte announced a series of initiatives as the sum of various deal values was projected onto a screen. He called for a defence industry “revolution” across the alliance, warning over Russia’s massive military spending as well as China, North Korea and Iran. “We don’t have the luxury of time. We need capabilities now to ensure we remain ready.

The security situation demands it,” Rutte said. “The hum of machinery must become a roar.” It was a rallying cry for Western arms firms to ramp up investment to increase capacity, and for governments to place long-term orders and create the conditions for companies to thrive. Europe’s defence sector has often been criticised as fragmented and saddled with red tape and rivalries between companies and countries. That has left Europe more reliant on purchases of weapons from the United States. Weak economic growth and the need to maintain generous state welfare provisions have also made defence spending a tougher sell in Europe. The deals, which had been mostly kept under wraps to make a splash at the summit, included European countries buying surveillance drones from US company Northrop Grumman, and NATO buying planes from Sweden’s Saab. Saab shares were the biggest gainers in Europe, up more than 5% as investors bet on the company benefitting from European rearmament. Morgan Stanley upgraded the stock.

Also Read

Death toll in Houthi strike on Yemen camp rises to 73

3 hours ago

Rajnath Singh meets Iranian Vice President, Tajik PM

4 hours ago

US defence company Lockheed Martin and Germany’s Rheinmetall signed a draft deal to jointly produce ATACMS missiles in Germany, a move that would mark the first non-US manufacture of the short-range ballistic missile. Rutte said NATO allies will invest more than $40 billion in the next five years in their anti-drone capabilities. The announcements follow Trump’s frequent criticism of Europe for insufficient defence contributions and over-reliance on the US to defend them through NATO, which has protected the continent since the early years of the Cold War. Trump reinforced the message in a video previewing his visit on Truth Social, urging Europe to spend more on its own defence. SHIFT ON F-35 PLANES TO TURKEY Trump arrived in Ankara to meet Turkish President Tayyip Erdogan and join fellow leaders of the military alliance for the summit, which begins with a dinner Tuesday evening. Rutte said Monday Europeans had made “staggering” increases in defence spending in part due to fears of Russia, which have surged since Moscow’s 2022 invasion of Ukraine, and also after Trump’s “extremely forceful” encouragement.

 

Orissa POST – Odisha’s No.1 English Daily

 

 

Tags: Arms dealNATO
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Priyabrata Mohanty

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Pragyan Priyambada

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Anshuman Sahoo

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Aman Kumar Barisal

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Parbati Mohanty

December 12, 2019
#MyPaperBagChallenge

Amritansh Mishra

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Ipsita

December 12, 2019
#MyPaperBagChallenge

Sisirkumar Maharana

December 12, 2019

Archives

Editorial

Diplomatic Faux Pas

Marco Rubio
October 19, 2026

United States Secretary of State Marco Rubio’s second visit to India has ruffled quite a few feathers in New Delhi....

Read moreDetails

Protest Is Power

Rights & Restrictions: AAKAR PATEL
October 18, 2026

By Aakar Patel The three democratic tools available to us are the vote, the court and protest. The only one...

Read moreDetails

Reluctant Compliance

DILIP CHERIAN
October 17, 2026

By Dilip Cherian Appointing Gaurav Yadav as regular Director General of Police in Punjab settles a question that should never...

Read moreDetails

Anxiety After 2024

October 14, 2026

Defeat in Ayodhya in 2024, where the Ram temple was built with much pomp, appears to have deeply shaken the...

Read moreDetails
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2025 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2025 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2025 All rights Reserved by OrissaPOST