Sweden Bolsters Defense with New German Air System Acquisition
Sweden's government has sealed a deal to purchase a medium range air defence system from German company Diehl for 9 billion Swedish crowns. This move aligns with Sweden's increased military spending, as it plans to further enhance its defense budget as a NATO member by 2032.
Sweden has announced its decision to purchase a medium range air defence system from German manufacturer Diehl, marking a significant step in its defense strategy.
The government has agreed on a price of 9 billion Swedish crowns ($924.5 million), with Prime Minister Ulf Kristersson confirming the deal.
As Sweden became a NATO member in 2024, it aims to raise its military expenditure to 3.5% of GDP by 2032, doubling its budget between 2020 and 2024.
(With inputs from agencies.)
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