Overview
- NATO has signed a $1.2 billion contract to produce 220,000 rounds of 155mm artillery ammunition, some of which will be supplied to Ukraine.
- The ammunition is expected to be delivered within 24 to 36 months, with initial deliveries potentially made by the end of 2025.
- The contract is part of NATO's efforts to replenish the dwindling stocks of its member countries and support Ukraine in its conflict with Russia.
- Ukraine has been facing ammunition shortages, with its artillery shell usage dropping from 8,000 per day during its counteroffensive in the summer to just 2,000 in recent weeks.
- The European Union's plan to produce 1 million artillery rounds for Ukraine in 2023 fell short, with only about a third of the target met.