NATO's increased defence spending target will see allies finance a five-fold increase in air defence capabilities, the purchase of "thousands" more tanks and armoured vehicles and "millions of rounds" of artillery ammunition, the alliance's chief Mark Rutte said on Monday on the eve of a summit in The Hague.
Leaders from the 32 allied countries are expected to sign off on a new defence spending target of 5% of GDP on Wednesday, more than double the 2% level agreed in 2014 at a summit in Wales.
