European NATO Members Bought More Weapons From U.S. in Recent Years, Think Tank Says -- Market Talk

Dow Jones
03-10

1131 GMT - The U.S. supplied 64% of the arms imported by European members of the North Atlantic Treaty Organization between 2020 and 2024, according to a report by the Stockholm International Peace Research Institute published Monday. This compares with 52% supplied between 2015 and 2019. The other main suppliers for Europe were France and South Korea, accounting for 6.5% each, the report says. "The transatlantic arms-supply relationship has deep roots," Pieter Wezeman, senior researcher with the SIPRI Arms Transfers Program, says. "Imports from the USA have risen and European NATO states have almost 500 combat aircraft and many other weapons still on order from the USA." The U.S. increased its share of global arms exports to 43% between 2020 and 2024 from 35%, the report says. European Commission President Ursula von der Leyen on Sunday called on the 27 EU countries to buy more weapons from European manufacturers. (cristina.gallardo@wsj.com)

 

(END) Dow Jones Newswires

March 10, 2025 07:31 ET (11:31 GMT)

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