To make this website work, we log user data. By using Shephard's online services, you agree to our Privacy Policy, including cookie policy.

Open menu Search

Germany to invest €130 billion in defence

3rd February 2016 - 15:43 GMT | by Nicholas Fiorenza in Brussels


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?

Read this Article

Get access to this article with a Free Basic Account

  • Original curated content, daily across air, land and naval domains
  • 1 free story per week
  • Personalised news alerts
  • Daily and weekly newsletters
Create account

Unlimited Access

Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.

  • Original curated content, daily across air, land and naval domains
  • 14-day free trial (cancel at any time)
  • Unlimited access to all published premium news
Start your free trial
Nicholas Fiorenza


Nicholas Fiorenza

Nicholas Fiorenza is a Shephard contributor based in Brussels.

Read full bio

Share to