European Defense Procurement Spending To Top $116B

iris air defense missile system from Diehl Defence in Grafenwoehr
Credit: Matthias Balk/dpa/Alamy Stock Photo
European Union (EU) members are set to spend more than €100 billion ($116 billion) on defense procurement for the first time this year, the European Defense Agency (EDA) says in a new report. Defense procurement spending in 2024 stood at €88 billion for EU member countries, a 39% jump over the 2023...
Robert Wall

Robert Wall is Executive Editor for Defense and Space. Based in London, he directs a team of military and space journalists across the U.S., Europe and Asia-Pacific.

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