Europe Faces 50% Rise in Prices for Military Gear, Estonia Says
A soldier in front of a Viking, an Iveco Defence Vehicles unmanned ground vehicle (AGV), during NATO-linked military exercises in Latvia in 2025.
Photographer: Damian Lemanski/BloombergEuropean nations are seeing higher prices for defense supplies that have climbed in some cases by more than 50% in the last two years as NATO allies ramp up military spending, Estonian Defense Minister Hanno Pevkur said.
“Prices are going up,” Pevkur told an audience at the Lennart Meri security conference in Tallinn on Saturday. “I have discussions with my national armament director constantly.”