Officials during air-to-ground precision guided munitions project signing ceremony. Credit: Nato.

Finland, Hungary, and the UK have teamed up with other Nato allies to acquire air-to-ground precision-guided munitions (PGM).

The countries have signed an amendment to the existing memorandum of understanding (MoU) to join the Nato’s multinational effort.

Signed in 2016, the original MoU brought together nine Nato allies in Belgium, the Czech Republic, Denmark, Greece, the Netherlands, Norway, Poland, Portugal and Spain.

The multinational cooperation arrangement was not previously open to Nato partner countries.

The MoU focuses on increasing air-to-ground PGM’s availability by coordinating all aspects of procurement and loaning possibilities and the exchange of information.

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A working group was set-up to provide information on the air-to-ground PGM and its development to investigate and implement joint procurement possibilities, as well as improve its availability and military security of supply, the Finnish Government stated.

“Participating nations will be able to lower their acquisition cost by aggregating their individual demands.”

Participating nations will be able to lower their acquisition cost by aggregating their individual demands.

The scheme also ensures that all precision-guided munitions stored in different countries can be easily shared and exchanged amongst the participants.

The Nato Support and Procurement Agency (NSPA) is executing the first multinational order, under the scheme on behalf of the participants.

This first order offers a new opportunity for the nations and NSPA within the framework of the US foreign military sales programme.

It also demonstrates the benefit to nations of international cooperation in multinational logistics, Nato stated.

Delivery of the munitions to nations is expected to take place in 2018.