Official NATO or Department of Defense announcements

NATO and NSPA Sign $700 Million Stinger Missile Contract

Jul 9, 2024, 05:59 PM

NATO has signed a multinational contract for Stinger anti-aircraft missiles worth almost $700 million. The procurement agency placed the order on behalf of several member states, according to NATO Secretary-General Jens Stoltenberg. The contract, signed with the Department of Defense and NATO Support and Procurement Agency (NSPA) under the Foreign Military Sales program, includes associated equipment and services. This move is part of NATO's broader strategy to boost arms production.