German Defence Minister Boris Pistorius said that the Bundeswehr needs around €58 billion ($63 billion) in 2025 to quickly close capability gaps. “As things stand, we will be allocated around €52 billion”, he said, adding, “That means we will be short of almost €6 billion next year.”
A new NATO overview says the record €90.6B on defence expenditure, to which Berlin committed for the first time this year, corresponds to a 2.12 percent share of the forecast German GDP, and is higher than expected at the beginning of the year.
Poland’s Foreign Minister Radoslaw Sikorski described the delivery of U.S. ATACMS missiles to Ukraine as a “reaction to the Russian escalation” in Ukraine, to which Germany must also respond.
The middle-eastern airline has launched a three-day discount sale on tickets for trips to over 100 destinations for the next six months, starting midnight of September 04, 2012, local time, everywhere.
Unsurprisingly, India’s two largest defense suppliers are also the biggest exhibitors at the show. Israel has taken up the most space at the show with 1,293 square meters and Russia brings the largest number of companies to the show, with the count at 37.
