Norway plans to increase defence budget
The Norwegian government remains committed to the ongoing modernisation of its armed forces and has proposed $7.2 billion (NOK43,008 billion) for its 2014 defence budget.
Compared to last year’s defence allocation, this is a 1.9% increase with the extra $86.5 million being allocated to operational activity and other priorities.
Defence procurement makes up 21% of the total proposed budget with the majority of the $1.5 billion being spent on ongoing modernisation projects.
Under the ‘Future Acquisition for the Norwegian Armed Forces 2012-2020’ plan, Norway will focus on strengthening its naval and land capabilities until 2016, including the upgrading of the
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