"Norway is set to raise defence spending by 3.5 percent of its gross domestic product to compensate for rising military equipment costs and to adjust to lessons learned from the Ukraine war."
"The proposed increase will amount to 115 billion kroner ($11.84bn) and will be spread over the next 10 years, aligning with the country's NATO commitments."
"Norway expects to receive the first of its German-ordered submarines in 2029. Two frigates bought from Britain are also expected to arrive in 2030 and 2032, respectively."
"Despite the increase in budget, Norway's procurement of anti-ballistic air defences as well as of maritime surveillance drones will be delayed."
Norway will raise its defense spending by 3.5% of GDP, amounting to 115 billion kroner over the next decade. This increase is in response to rising military equipment costs and lessons from the Ukraine war. The government aims to strengthen defense capabilities, including new submarines, frigates, and upgrades to critical infrastructure. Norway's defense spending is influenced by pressure from the US and the need to support Ukraine against Russia. However, some procurement plans, like anti-ballistic air defenses and maritime surveillance drones, will face delays.
Read at www.aljazeera.com
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