Defense industrial base goes into overdrive for US and European production

Published July 11, 2026 5:00am ET



The United States and Europe made several defense contracting announcements this week at the NATO Summit in Ankara, Turkey, totaling approximately $3 billion that will improve the military capabilities of countries on both sides of the Atlantic.

While many of the deals will take years to fully complete, the push is a part of the broader “NATO 3.0” revitalization in which European countries will do more to share the defense burden instead of heavily relying on the U.S., which itself has acknowledged a need to increase its capacity.

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