NATO allies announce $50B in new defense procurements
At the NATO summit in Turkey, allies announced over $50 billion in new procurements, including MQ-4C Triton drones, Saab GlobalEye aircraft, and Airbus A400M transports. A coalition of 11 allies plans to buy up to 10 GlobalEye aircraft for $4.5 billion. Lockheed Martin and Rheinmetall will co-produce ATACMS in Europe.