Spain unveils new multi-billion euro defence investment plan
The Alvaro de Bazan class frigate will undergo a half-life modernisation under the new plan. (Photo: US Navy / Petty Officer 3rd Class Weston Jones)
The new plan outlined how Spain would reach 2% of its GDP spend on defence by 2025, with €1.9 billion earmarked for new equipment acquisition with several land, naval and air platforms disclosed to be replaced or upgraded.
Spain has released its upgraded technology and industry defence plan, outlining details behind its €10.5 billion (US$11.9 billion) investment by 2025 to boost defence spending and reach its NATO target of 2% GDP.
The new plan identified five key objectives which included modernising the country’s defence capabilities, promoting development and training around new technologies, and promoting the growth of defence and security industry.
The budget will be allocated across five areas, with 35% of this total – around €687 million – to be used to focus on equipment and training of the Spanish Armed Forces. Almost a third of the budget will
Our news & analysis is now part of Defence Insight®
A Basic-level or higher Defence Insight subscription is now required to view this content.
More from Defence Notes
-
![Global Ordnance and Sparkz disclose plans for 500,000 US-made UAV batteries a year]()
Global Ordnance and Sparkz disclose plans for 500,000 US-made UAV batteries a year
The companies have outlined plans for US$25 million manufacturing lines and initial deliveries in 2027 as Washington tightens restrictions on Chinese UAV components.
-
![Patria OPTIME and ILIAS: Orchestrating operational readiness across every domain]()
Patria OPTIME and ILIAS: Orchestrating operational readiness across every domain
Patria OPTIME is a sustainment concept that integrates MRO and lifecycle services into one solution, powered by the ILIAS digital defence platform
-
![US military seeks common controllers for drones and robotic systems]()
US military seeks common controllers for drones and robotic systems
US Air Force, Army, Marine Corps and Special Operations Command initiatives signal demand for interoperable uncrewed systems control, creating opportunities for suppliers of hardware, software and integration services.
-
![“Start planning much earlier”: delivering defence support in an era of disruption]()
“Start planning much earlier”: delivering defence support in an era of disruption
In Conversation… The geopolitical landscape is increasingly uncertain, with the UK and its allies confronting the most unpredictable international environment for decades. To adapt, defence readiness must begin long before assets reach the front line, forging a resilient support enterprise that can thrive in a time of ongoing disruption, argue the partners of Team ORION.
-
![“Communicating at mission speed”: why data security is essential for operational success]()
“Communicating at mission speed”: why data security is essential for operational success
In conversation… Everfox’s Chairman and Chief Executive Officer Dave Wajsgras and Managing Director, International, Colin McKinty discuss the critical importance of information security in defence, minimising insider risk and the company’s international growth strategy with Shephard’s Andrew White.
-
![“Engage with the operational problem”: how software innovation can boost UK defence]()
“Engage with the operational problem”: how software innovation can boost UK defence
In Conversation… Shephard’s Andrew White talks to Zafer Şen, CEO and co-founder of OBSS, about the future of command-and-control software in the age of artificial intelligence, and his company’s ambitions in the UK defence market.
