European NATO countries reach average defence spending requirement and renew Ukrainian support
NATO Secretary General Jens Stoltenberg said NATO spending was up and approaching 2% of national GDP for all European members. (Photo: NATO)
European NATO members will invest an average of 2% of their annual GDP in defence by the end of 2024 with 18 countries meeting the target in 2024, up from just three in 2014.
In the face of criticism from former US President Donald Trump while he was in the Whitehouse and during recent campaign speeches, NATO Secretary General Jens Stoltenberg noted the rise in spending after a defence ministers’ meeting on February 15 when the Ukraine Defence Contact Group also met.
Stoltenberg said since the Defence Investment Pledge was made in 2014, European Allies and Canada have added more
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
UK Chancellor commits £2 billion to make the country a “defence industrial superpower”
Rachel Reeves announced port upgrades, protected budgets for innovation and investment in novel technologies.
-
Launch of Gilat Defense targets DoD market
The communications company Gilat launched its new Gilat Defense division at the Satellite 2025 expo, with future solutions aimed at US military customers.
-
Collins MAPS Gen II to equip US DoD watercraft
US services have already conducted multiple tests with military maritime systems fitted with the system.
-
OCCAR expects substantial boost in programme numbers “in the coming months”
Europe’s Organisation for Joint Armament Cooperation (OCCAR) “has to establish itself…as a centre of excellence for cooperative Defence Equipment Programmes” in the face of growing threats and the need for rearmament, according to the organisation’s chairman.
-
MBDA CEO emphasises “moment of truth” for Europe as company sees €37 billion backlog
MBDA CEO Éric Béranger stressed the company’s role supporting European countries with complex weapon systems and focused on boosting production against the backdrop of “shifting” geopolitical alliances.