$50B+ in NATO defense deals: LMT, NOC, Saab, RTX & more in focus (Reuters)

Details:

* NATO leaders unveiled more than $50B in new defense agreements at the Ankara summit as European allies ramp up military spending.
* Reported beneficiaries include Northrop Grumman (surveillance drones) and Saab (aircraft), while Lockheed Martin, RTX (Raytheon) and other U.S. defense firms are expected to benefit from increased demand for Patriot, Tomahawk, and other missile systems.
* The UK, France, Germany, and nine other European countries also committed to investing $50B+ over the next decade in long-range precision strike capabilities.
* NATO Secretary General Mark Rutte called for a defense-industry “revolution” to address growing security challenges posed by Russia, China, North Korea, and Iran.

Source: [https://www.reuters.com/world/nato-unveil-big-arms-deals-ankara-before-summit-with-trump-2026-07-07/](https://www.reuters.com/world/nato-unveil-big-arms-deals-ankara-before-summit-with-trump-2026-07-07/)