Germany to invest €130 billion in defence
German will invest €130 billion in the Bundeswehr over the next 15 years, defence minister Ursula von der Leyen announced on 27 January.
She said that the aim should no longer be for equipment procurement to fit in a tight corset, but instead to fit more flexibly according to the tasks of the Bundeswehr and with the ability to react to challenges and uncertainties.
‘We need long-term and reliable financing of the Bundeswehr,’ she told the defence committee of the Bundestag, Germany's parliament.
Under the new defence investment plan, an average of €8.6 billion per year will be spent on the procurement of
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
![Canada set to look away from its neighbour and across the Atlantic for partners]()
Canada set to look away from its neighbour and across the Atlantic for partners
While non-EU UK struggles to join the Security Action for Europe initiative, which provides loans for defence programmes, Canada has become the first country outside Europe to get access – and did so for a nominal fee.
-
![NATO experiments with solutions to integrate networks, AI and uncrewed systems]()
NATO experiments with solutions to integrate networks, AI and uncrewed systems
During the latest edition of the NATO DiBaX, the alliance tested multiple capabilities to inform requirements for future efforts.
-
![Leonardo unveils plans for Michelangelo air defence dome]()
Leonardo unveils plans for Michelangelo air defence dome
The new multi-layered defence system will harness AI to neutralise airborne threats and protect Europe from Russian aggression.
