What Happened
NATO Allies Unite for Advanced Long-Range Capabilities
A coalition of 12 European nations, led by the UK, has committed to spending $50 billion over the next decade to develop new deep precision strike capabilities, aimed at strengthening NATO deterrence. The initiative, dubbed the Deep Precision Strike Capability Investment Initiative, was launched at the NATO Summit in Ankara, with the goal of delivering advanced weapons with pinpoint accuracy. The UK has committed £3 billion to fund national long-range munitions projects, and is working with European partners on big-ticket projects such as Stratus, a future cruise missile. The effort was first reported by Breaking Defense.