European NATO allies pledge €50 bn for long-range strike

A coalition of European NATO allies, led by the United Kingdom, has committed to investing more than 50 billion euros over the next decade to develop advanced long-range precision strike weapons. The initiative, announced at the NATO summit in Ankara on Wednesday, July 8, 2026, aims to strengthen the alliance's deterrence capabilities with a stronger European contribution.

The British Ministry of Defence stated the program will coordinate expertise, technology, and industrial collaboration across participating nations to develop weapons capable of striking targets at least 300 kilometers away, with some future systems exceeding ranges of 2,000 kilometers. The effort is intended to address a recognized shortfall in European arsenals for deep-strike capabilities, an area where Russia is considered to hold an advantage.

UK Prime Minister Keir Starmer said the initiative would bring European allies together to ensure NATO remains safe and secure for years to come. He stressed the UK's determination to ensure the safety of the nation and its allies by delivering a stronger, more European NATO. The UK has already committed 3 billion pounds to British deep precision strike capabilities...