The significant increase in defense budgets among North Atlantic Treaty Organization (NATO) member states, driven primarily by the evolving security challenges posed by the Russia-Ukraine war and rising geopolitical tensions, forms the foundation for this analysis.

The analysis explores how NATO’s collective focus on modernization, resilience, and interoperability has reshaped defense procurement and indigenous industrial policies. Growing investments in advanced technologies such as unmanned systems, missile defense, and integrated command-and-control systems underscore the Alliance’s commitment to maintaining a technological edge in an increasingly complex security environment.

• What are the defense spending megatrends, modernization programs, and industrial strategies of key NATO countries like the United Kingdom, Germany, France, and Poland?
• Which growth drivers are accelerating multilateral cooperation and capability development across the Alliance?
• How can emerging business opportunities within NATO’s defense space address growth challenges such as supply chain bottlenecks and regulatory hurdles?