Germany plans EUR130 billion military investment

German defence minister Ursula von der Leyen presented a major defence equipment spending package to the German parliament on 27 January, setting out EUR130 billion (USD142 billion) in defence procurement over the next 15 years.

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Von der Leyen’s package includes not only the procurement of more systems and platforms, but also the overhaul and modernisation of existing platforms. In total the Federal Ministry of Defence (BMVg) has identified about 1,500 individual measures it wants to take by 2030.