Download the Full Report The war in Ukraine has created an inflection point for Euro-Atlantic security. With the New START Treaty expiring in 2026 and no clear successor in sight, arms control as we know it is at risk of ending. The CSIS Project on Nuclear Issues (PONI) set out to explore prospects for arms control with Russia following the end of the conflict in Ukraine. The study used an alternative futures methodology to identify consistent trends along with potential moments of opportunity for strengthening strategic stability and arms control. In nearly all future scenarios, the findings reveal that competition with Russia will likely continue after the Ukraine conflict and Europe will emerge as a key player in regional strategic stability. The United States and its NATO allies must consistently signal openness to arms control while enhancing deterrence to manage competition in an increasingly uncertain security environment. This report is made possible by generous support from the UK Foreign, Commonwealth and Development Office.