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The New Economics of Scalable Ammunition Production

What does New Economics of Scalable Ammunition Production reveal about European defence funding, eligibility and procurement?

The war in Ukraine has upended assumptions about munitions supply, driving a structural surge in ammunition demand across NATO and the EU.

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Platform publication · DFM Analysis report · 2026-06-13

The war in Ukraine has upended assumptions about munitions supply, driving a structural surge in ammunition demand across NATO and the EU. In high-intensity combat, artillery shells, rockets and missiles are expended at rates unseen in decades, quickly exposing how Western stockpiles and production had dwindled after the Cold War. Russia’s invasion demonstrated that deterrence now requires credible stockpiles and output capacity: Moscow expanded its wartime ammunition production tenfold (to over 4 million shells annually by 2025), outstripping NATO’s pace and risking a loss of deterrence credibility if Allies cannot catch up.

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Cover of the report The New Economics of Scalable Ammunition Production Full sourced report The New Economics of Scalable Ammunition Production 10-page PDF · immediate download · €299 View the report →

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Original DFM analysis

The New Economics of Scalable Ammunition Production

Type DFM Analysis report
Published 2026-06-13 (Platform publication)
Access paid

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What is The New Economics of Scalable Ammunition Production?

The war in Ukraine has upended assumptions about munitions supply, driving a structural surge in ammunition demand across NATO and the EU.

Topics Funding & Eligibility #funding-eligibility

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