Poland joins NATO’s 2% club
Poland’s defence spending has reached above the 2% benchmark according to a NATO report, amid general reductions by many other European alliance members.
The NATO report on defence expenditure data for 2014 and estimates for 2015, released on 22 June, revealed that five countries are expected to meet the 2% guideline in 2015.
The countries include Greece (2.4%), UK (2.1%), US (3.6%), Estonia (2%) and Poland (2.2%). Poland is the only country to ascend to the 2% defence spending goal since 2014.
‘This is good news but the picture is mixed. Overall, we expect total NATO defence expenditure to
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
Spain unveils new multi-billion euro defence investment plan
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.
-
New Zealand boosts defence spend to US$6.6 billion and vows increased closeness with Australia
This budget will be spent over the next four years and nearly doubles the country’s defence spending as part of GDP to 2%.
-
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.
-
Avalon 2025: Australian defence budget meets the low expectations of show attendees
The Australian Budget was marked by tax cuts and a looming general election which led to little hope that there would be a substantial defence boost even with a big bill for nuclear submarines due.
-
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.