NATO Secretary-General Mark Rutte called on Tuesday for a "transatlantic defense industrial revolution" and urged companies to take more risks with their investments.
"The hum of machinery must become a roar," Rutte told the NATO Summit Defense Industry Forum in Ankara ahead of a gathering of the alliance's leaders in the Turkish capital.
"Industry across all of the nations represented here must be ready to take more risk. The demand is there, and you know it."
Rutte's remarks came as allies started to reveal large-scale defense investment pledges at the industry forum, including an initiative to spend $40 billion on the alliance's drone defense capabilities.
"NATO is rapidly expanding our ability to deploy and operate drones at scale. And at the same time, we are building robust counter-drone defenses to detect, identify, and neutralize drones," said Rutte.
