Airbus is capitalizing on Europe’s rising military budgets, negotiating new defence and space contracts as nations boost spending amid geopolitical tensions. The aerospace giant also sees relief in its jetliner business, with execs noting that snarled supply chains are finally easing, paving the way for smoother production.
Tag: military spending
European leaders have vowed to bolster Ukraine’s defense and increase their own military expenditures following a significant shift in U.S. policy under Donald Trump, which has led to a freeze in American military aid to Ukraine.
The fall of Bashar al-Assad’s regime in Syria has created significant instability in the Middle East, particularly affecting Kurdish forces and Turkey. The Nagel Commission’s latest report warns that Turkey, rather than Iran, now poses the greatest threat to Israel, recommending increased defense spending and vigilance against potential regional conflicts.
Greece ranks 32nd in the projected 2025 Global Firepower index, highlighting its significant military capabilities within NATO. Despite regional tensions, particularly with Turkey, Greece maintains a strong defense posture with a modern air force, navy, and army, contributing to regional security and stability.
An 8.3% increase in defence spending by NATO member states is expected in 2023, according…