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Home WORLD

NATO Official Warns of Rising Ammunition Prices

by Ayushi
17 September 2023
in WORLD
NATO official warns rising ammunition prices hinder security despite increased defense spending, calls for private investment.

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A senior NATO military official has raised concerns over the sharp increase in ammunition prices and its potential impact on security, highlighting that higher defense spending by allies does not automatically equate to enhanced security. The remarks were made following a meeting of the alliance’s chiefs of defense in Oslo, as reported by Reuters.

 

Dutch Admiral Rob Bauer, the chair of NATO’s military committee, conveyed his apprehensions, stating, “Prices for equipment and ammunition are shooting up. Right now, we are paying more and more for exactly the same. That means that we cannot make sure that the increased defense spending actually leads to more security.”

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The surge in ammunition prices has been exacerbated by the heightened demand for weapons and equipment following Russia’s invasion of Ukraine. NATO members have been rushing supplies to Kyiv while simultaneously bolstering their own inventories to meet this increased demand.

 

One notable concern has been the shortage of 155mm artillery rounds, with Ukraine reportedly firing up to 10,000 of these shells daily. NATO Secretary-General Jens Stoltenberg had previously warned that Kyiv was depleting ammunition stocks faster than the West could produce them.

 

Admiral Bauer emphasized the need for long-term stability to take precedence over short-term profits in the defense industry. He also highlighted the critical role of private investment in defense, noting that war has far-reaching societal implications, as exemplified by the situation in Ukraine, where a significant portion of the economy was affected.

 

While acknowledging the shortage of ammunition, Admiral Bauer clarified that it was not directly linked to the progress of the counteroffensive in Ukraine. He explained that the slow advance in Ukraine was primarily due to the extremely hazardous conditions, including a vast minefield with a high density of mines, making it challenging for Ukrainian forces to progress swiftly.

 

Looking ahead, NATO has plans for its largest collective defense drills since the Cold War in 2024. Over 40,000 troops from across the alliance are set to participate in the exercise called Steadfast Defender, which will be conducted in Germany, Poland, and the three Baltic states. This significant military exercise underscores NATO’s commitment to collective defense and preparedness in the face of evolving security challenges.

 

The concerns raised by the NATO official regarding rising ammunition prices and the need for private investment in defense highlight the complex and evolving nature of security dynamics in the modern world. While defense spending is essential, ensuring the efficiency and sustainability of military capabilities require addressing supply chain challenges and investing strategically in defense industries.

Tags: Ammunition PricesDefense SpendingNATOPrivate InvestmentRob Bauersecurity
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