Germany's decision to spend several hundred billion for the military - Archyworldys

The Defence Alliance has published its latest figures, but the record spending will not be enough.

Record spending levels. NATO's 32 members spent a total of $1.303 trillion on defense last year, exceeding forecasts, with 22 of the members reaching the 2% of GDP target, Euractiv reports.

Germany's decision to spend several hundred billion for the military - Archyworldys

Many world nations have not spent much in the army from the Second World War. But Putin and Trump have changed that… The post Germany’s decision to spend several hundred billion for the military appeared first on Archyworldys.

Elbit to supply $100m UT30 MK2 turrets for NATO country

Elbit Systems has been awarded a contract worth approximately $100 million by General Dynamics European Land Systems (GDELS) to provide its UT30 MK2 unmanned turret systems for ASCOD armoured fighting vehicles, according to a news update issued by the company in late April. The systems will be delivered to an unspecified NATO European country, with the contract set to run until the end of 2027. Elbit said the deal includes industrial cooperation…

They are Belgium (from 0.97% has evolved to 1.29%), Canada (from 1.91% has passed to 1.45%), Croatia (in this case it has barely increased its 1.81% in 2014 to add to 1.86% in 2024), Italy (from 1.13% to 1.50%), Luxembourg (from 0.37% has evolved to 1.3%), Montenegro (in 2014, when it was not yet part of NATO, it was 1.5%, and now reaches 1.71%), Portugal (from 1.31% to not much higher 1.46%), Slovenia (from 0.86% to 1.3%) and Spain, which is in…

NATO allies’ defense spending reached a record 1.303 trillion dollars

Brussels – NATO member states spent a total of $1.303 trillion (28.6 trillion CZK) on defense last year. A total of 22 out of 32 countries, including the Czech Republic, met the target of spending two percent of GDP on defense. This is according to new statistics published by the North Atlantic Alliance. The figures published by NATO show record defense spending, totaling $486 billion in Europe and Canada and $818 billion in the United States. I…