Norway plans to increase defense spending by $56bn over 12 years, acquiring new frigates, submarines, and expanding army brigades.
Norway aims to significantly increase its defense spending by $56bn over the next 12 years, responding to deteriorating security conditions and a commitment to NATO. The proposed increase is expected to create jobs and investments without cutting public services. The Defense budget will be used to acquire new frigates and submarines, an air defense system, and expand the army from one to three brigades. Additionally, Norway plans to increase the number of conscripted soldiers from 9,000 to 13,500 by 2036.
April 05, 2024
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