Germany Earmarks $48 Billion for Armaments in Defense Push
- Warplanes, munitions take up the bulk of identified spending
- Helicopters, armored vehicles also on Bundeswehr shopping list
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Germany has targeted at least 44 billion euros ($48 billion) in spending on modern armaments as it seeks to rapidly upgrade its military after Russia’s invasion of Ukraine, according to a lawmaker involved in the defense ministry’s planning process.
The bulk of the total so far is going toward warplanes and ammunition, said Marcus Faber, a defense expert and member of the Free Democrats, a junior partner in Chancellor Olaf Scholz’s three-party coalition. Germany said Monday it would purchase 35 Lockheed Martin Corp. F-35 warplanes and 15 Eurofighters.