OSLO— Norway plans to invest an additional 115 billion Krone (approx. $11.8 Billion) in defense over the next decade to address rising global security risks. The proposal strengthens its long-term military strategy and aligns spending with NATO targets.
The funding will support advanced weapons, naval expansion, and Arctic force readiness, while delaying or canceling select programs to prioritize critical capabilities.
Norway Strengthens Defence Budget
Norway has proposed a significant increase in defense spending, adding 115 billion Krone to its Long-term Defence Plan for 2025 to 2036.
The move reflects growing concern over global instability and lessons drawn from the war in Ukraine, particularly around rising equipment costs and…
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Source aviationa2z.com
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