top of page

FACTBOX: Defense companies sign deals at NATO industry forum

Defense companies from NATO member states gathered in Ankara on Tuesday for an industry forum held alongside the alliance's annual summit, where several defense cooperation and procurement agreements were expected to be announced.

Reuters

July 07, 2026

FACTBOX: Defense companies sign deals at NATO industry forum

President and CEO of Saab Micael Johansson stands with Sweden's Prime Minister Ulf Kristersson and NATO Secretary General Mark Rutte, as they greet Belgian Defence Minister Theo Francken during the High Level Defence announcements at the NATO Summit Defence Industry Forum, on the sidelines of the NATO leaders' Summit, in Ankara, Turkey, July 7, 2026.

Yves Herman/Reuters

Defense companies from NATO member states gathered in Ankara on Tuesday for an industry forum held alongside the alliance's annual summit, where several defense cooperation and procurement agreements were expected to be announced.


Following are the deals announced so far:


SAAB


Swedish defense equipment maker Saab SAABb.ST said NATO will begin formal negotiations on the acquisition of up to 10 GlobalEye airborne early warning and control aircraft.


CEO Micael Johansson told reporters the company could start deliveries as soon as 2030, and the final price would be roughly $400 million to $450 million per aircraft.


LOCKHEED MARTIN, RHEINMETALL


Lockheed Martin LMT.N and Rheinmetall RHMG.DE signed a memorandum of understanding on Tuesday to jointly produce ATACMS missiles in Germany, a move that would mark the first manufacture of the short-range ballistic missile outside the United States.


NORTHROP GRUMMAN


NATO Secretary General Mark Rutte said allies will buy up to five Northrop Grumman NOC.N MQ-4C Triton high-altitude surveillance drones, with Norway, Finland, Germany and Denmark signing a letter of intent for the purchase.


AIRBUS


NATO will launch a strategic airlift fleet of Airbus AIR.PA A400M transport planes and expand its existing A330 MRTT tanker and transport fleet by one aircraft, Rutte said.


ISAR AEROSPACE


German rocket maker Isar Aerospace signed a contract with Canada's Maritime Launch Services MAXQ.NLB to build and use a dedicated launch pad for its Spectrum rocket at Spaceport Nova Scotia, eastern Canada.


-Reporting by Emanuele Berro, editing by Matt Scuffham/Reuters

TOP POLITICAL STORIES

Iran says Hormuz deal is close but will not reopen waterway alone

Iran says Hormuz deal is close but will not reopen waterway alone

Senator Aquino seeks P2,000 monthly allowance for PWDs

Senator Aquino seeks P2,000 monthly allowance for PWDs

Blue Ribbon Committee to turn over flood control probe to Ombudsman— Senator Erwin Tulfo

Blue Ribbon Committee to turn over flood control probe to Ombudsman— Senator Erwin Tulfo

LATEST NEWS

‘Mom, don’t call me’: Survivors recount Thailand school shooting

‘Mom, don’t call me’: Survivors recount Thailand school shooting

Corpses seen in area where five climbers went missing last year

Corpses seen in area where five climbers went missing last year

Typhoon Dolphin hits Japan’s Okinawa as China shuts ports ahead of landfall

Typhoon Dolphin hits Japan’s Okinawa as China shuts ports ahead of landfall

bottom of page