2022 dramatically changed rhetoric around NATO's strategic position and the importance of conventional military deterrence and preparedness, particularly in Europe. While many politicians were quick to speak on the need to respond decisively to the new envioronment, both by aiding Ukraine and also building up domestic capability, there was an open question over whether the will and capacity was there to convert announcements into orders and deliveries. Today, we look at NATO defence spending estimates for 2023 to get an idea of what patterns are emerging, and ask how NATO is responding to the Russian challenge.