Secretary General Rutte cites $258 billion in extra investments by European allies and Canada for 2025-2026
NATO to unveil tens of billions in defense contracts at Ankara summit
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Summary
Some countries are still struggling to meet the alliance’s old target of 2% of GDP. The NATO alliance is preparing to announce tens of billions of dollars worth of defense contracts on Tuesday at its highly anticipated summit in Ankara, Turkey , this week. Several straggling countries have only just reached the 2% threshold, and they will now be pressured to more than double that in less than a decade to meet the 5% requirement.
Furthermore, The gathering comes a year after NATO members pledged to ramp up security-related spending to five percent of GDP by 2035 under pressure from the US leader. “Just one year later, we already see transformational progress,” Rutte told journalists in Ankara. In 2025, European Allies and Canada spent nearly 20 per cent more on core defence than they had the year before, he said. “Looking at 2025 and 2026 combined, that’s US$258 billion (S$333 billion) in extra investment. “We are investing in our own security. NATO as an organization does not own any weaponry — these are the property of member countries — but it has a fleet of AWACS aircraft that are about 50 years old and some surveillance drones.
Cross-referenced from 3 sources.
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Some countries are still struggling to meet the alliance’s old target of 2% of GDP.
according to The IndependentThe NATO alliance is preparing to announce tens of billions of dollars worth of defense contracts on Tuesday at its highly anticipated summit in Ankara, Turkey , this week.
according to Washington ExaminerSeveral straggling countries have only just reached the 2% threshold, and they will now be pressured to more than double that in less than a decade to meet the 5% requirement.
according to Washington ExaminerThe gathering comes a year after NATO members pledged to ramp up security-related spending to five percent of GDP by 2035 under pressure from the US leader. “Just one year later, we already see transformational progress,” Rutte told journalists in Ankara.
according to The Straits Times - WorldIn 2025, European Allies and Canada spent nearly 20 per cent more on core defence than they had the year before, he said. “Looking at 2025 and 2026 combined, that’s US$258 billion (S$333 billion) in extra investment. “We are investing in our own security.
according to The Straits Times - WorldNATO as an organization does not own any weaponry — these are the property of member countries — but it has a fleet of AWACS aircraft that are about 50 years old and some surveillance drones.
according to The Independent
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