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The Economic Times
The Economic Times
National

More cash, not enough weapons: NATO presses to produce more

A year on from their historic pledge to ramp up defence spending, NATO leaders gathering in Ankara next week will reckon with another challenge: getting industry to produce enough weapons.

As money flows into defence budgets -- up $90 billion in Europe and Canada last year alone -- the 32-nation alliance is struggling to transform the funds into firepower.

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