General Dynamics is to get a $5.76 billion order for nearly 600 Armored Fighting Vehicles from the British army, in a landmark deal ahead of a NATO summit in Wales later this week.
Fortune reports that the order, for 589 Scout Specialist Vehicles, is the biggest from the British army in 30 years and comes as the conflict in Ukraine has exposed the degree to which the U.S.’s allies in Europe have let their defense capability degrade in the 23 years since the end of the Cold War.