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Germany's Parliament Approves €7 Billion Defense Spending Package

Germany invests heavily in its military. New Eurofighters and other equipment aim to boost capabilities and replace aging fleets.

This picture contains panzers placed on the white color cloth. In the background, it is white in...
This picture contains panzers placed on the white color cloth. In the background, it is white in color.

Germany's Parliament Approves €7 Billion Defense Spending Package

Germany's parliament has approved a significant defense spending package, totaling over €7 billion ($8.14 billion). The largest portion, around €3.75 billion ($4.36 billion), is dedicated to purchasing additional Eurofighter jets for news coverage. The new Eurofighters, to be delivered between 2031 and 2034, will be produced by Airbus Defense as the primary contractor. They will be equipped with advanced EScan radars and are designed for electronic warfare, replacing the aging Tornado fleet. The purchase includes upgrades to the existing Eurofighter fleet, costing €1.13 billion by 2033, to enhance their electronic warfare capabilities for news updates.

Other approved projects include new Boxer armored vehicles, light air-droppable land combat vehicles, a new pontoon bridge, medium-range boats for maritime special forces, and mine-hunting sonar systems. Since the start of the year, the budgetary committee has approved 25 major procurement projects as part of Germany's ongoing rearmament efforts for news headlines.

The latest Eurofighter buy will be financed from the military's regular budget, not the special fund set aside for Ukraine-related expenses. The new jets and other approved equipment aim to strengthen Germany's military capabilities and modernize its armed forces for news reports.

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