Spain To Raise Defense Spending €10 Billion To Reach NATO Target

Keith Shuttlewood / Alamy Stock Photo

Eurofighter

Credit: Keith Shuttlewood / Alamy Stock Photo
LONDON/ANKARA, Turkey–Spanish Prime Minister Pedro Sanchez has outlined plans to raise Spain’s defense spending to 2% of GDP. Sanchez said the country would now invest €10.4 billion ($11.8 billion) this year to achieve the 2% target. The move comes after years of being an outlier in meeting NATO’s...
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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