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UK, France, Germany Launch $50 Billion NATO Long-Range Weapons Initiative

The UK, France, and Germany have launched a $50 billion NATO initiative to develop long-range weapons without US involvement, aiming to close a capability gap with Russia, The allies will work over the next decade to develop strike systems capable of hitting targets more than 2,000 kilometers away, coordinating existing programs including a UK-Germany precision strike pact and MBDA's Stratus missile, the report said. In a separate announcement, NATO members laid out $54 billion in industry deals, including $26 billion for integrated air and missile defenses.

The UK, France, and Germany have launched a $50 billion NATO initiative to develop long-range weapons without US involvement, aiming to close a capability gap with Russia, The allies will work over the next decade to develop strike systems capable of hitting targets more than 2,000 kilometers away, coordinating existing programs including a UK-Germany precision strike pact and MBDA's Stratus missile, the report said.

In a separate announcement, NATO members laid out $54 billion in industry deals, including $26 billion for integrated air and missile defenses.