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German 2021 Defense Budget to Increase by 3% to €46.9 Billion

German 2021 Defense Budget to Increase by 3% to €46.9 Billion

The Bundeswehr will receive around 46.93 billion euros in 2021. According to the decision of the budget committee in the so-called adjustment meeting on November 26, 2020, more money is earmarked for investments and the maintenance of their skills in 2021 than in the previous year.

On November 26…

BAE Wins £2.4 Bn Munitions Contract for UK Armed Forces

BAE Wins £2.4 Bn Munitions Contract for UK Armed Forces

A new £2.4 billion contract to equip UK Armed Forces with essential fire power will sustain 4,000 jobs around the UK over 15 years, Defence Minister Jeremy Quin today announced.

The Next Generation Munitions Solution (NGMS) will see BAE Systems manufacture 39 different munitions for the Royal Nav…


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