12 NATO Countries to Invest Over $50 Billion in Long-Range Missiles

Twelve NATO member states, including Spain, have committed to investing $50.66 billion over the next decade to accelerate the development and acquisition of long-range missiles. This move aims to strengthen the alliance's defense and deterrence capabilities. The commitment, announced during a NATO summit, is part of the Deep Precision Strike (DPS) initiative, led by the United Kingdom. The goal is to enhance cooperation among allies in precision weaponry. Signatories include Denmark, Estonia, Finland, France, Germany, the Netherlands, Norway, Romania, Spain, Sweden, Turkey, and the UK. These nations recognize that long-range strike capabilities are essential for NATO's defense plans and maintaining credible deterrence against potential adversaries. They also agreed that Europe must assume a greater role and responsibility in transatlantic security. Multinational cooperation is expected to speed up technological development, production, and delivery of these weapon systems. The DPS program will facilitate the exchange of knowledge, technology, and industrial capabilities to develop precision missiles with ranges exceeding 300 kilometers, and in some cases, over 2,000 kilometers. The UK is jointly developing stealth and hypersonic missiles with Germany, expected to enter service within the decade. London is also collaborating with France and Italy on the Stratus project to create a new generation of missiles. British Prime Minister Keir Starmer emphasized that the UK's security depends on stronger European cooperation and enhanced NATO capabilities. "I am determined to ensure the security of the UK and our allies. For this, we need a stronger and more European NATO," he stated. He believes the DPS initiative will intensify industrial and technological cooperation to ensure NATO maintains advanced military capabilities against future security challenges.

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I am determined to ensure the security of the UK and our allies. For this, we need a stronger and more European NATO.