Tags GDP target

Tag: GDP target

Italy May Reject €27B EU Defense Funding Amid Energy Crisis

Italy is weighing whether to withdraw from a second EU-backed defense funding initiative, potentially giving up nearly...

Italy’s Defense Budget Surge Raises Questions Over Reclassified Spending

Italy has boosted its reported defense budget by €14 billion ($16.3 billion) this year by adjusting what...

Italy Defense Budget 2025: €31.3B Boost, F-35 & Tank Upgrades

Italy’s defense ministry has revealed that the country will spend €31.3 billion ($36.2 billion) on defense in...

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Lockheed Martin Eyes European Production of PAC-3 Patriot Missiles

Lockheed Martin is exploring potential partnerships with European defence companies to expand production of PAC-3 Patriot interceptors,...

Kongsberg to Build $51M Anti-Drone Factory in Poland

Norwegian defense company Kongsberg plans to establish a new manufacturing facility in northern Poland dedicated to counter-drone...

Rearmament: Baltic States Opt for Deep Strike “Punishment” Capabilities

At the June 25 Eastern Flank Summit in Gdańsk, leaders from Finland, Poland, Estonia, Latvia, Lithuania, Romania and Sweden described the security...

TEKEVER Opens German Headquarters as Bundeswehr Tests Military Drones

European autonomous systems developer TEKEVER has expanded its European footprint with the launch of TEKEVER Germany, coinciding...