Sweden Getting Defense Spending Boost

Credit: Gripen: Saab
Sweden will increase defense spending by 5 billion Krona ($500 million) a year from 2022 through 2025. The additional budget, announced at the end of August, will be funded through a bank tax, officials said. Although the form of that tax has yet to be defined, the extra cash will help support the...
Tony Osborne

Based in London, Tony covers European defense programs. Prior to joining Aviation Week in November 2012, Tony was at Shephard Media Group where he was deputy editor for Rotorhub and Defence Helicopter magazines.

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