Norway Floats Additional $11.8B in Defense Spending Through 2035, Cancels Drone Program
Norway aims to meet NATO's 3.5% GDP defence spending target by 2035, increasing budget by 115 billion kroner to boost military capabilities amid regional security concerns.
- On Friday, Norway announced a 115 billion kroner defence budget increase over the next 10 years, which Prime Minister Jonas Gahr Stoere said aims to rapidly strengthen capabilities amid a deteriorating security situation.
- Shared 198-kilometre borders with Russia in the Far North and lessons from the Ukraine war drive the need for this investment, aligning Norway's strategy with NATO commitments.
- Upgrading critical infrastructure and electronic warfare systems rank as core priorities, with new submarines expected in 2029 and two frigates from Britain arriving in 2030 and 2032.
- Defence Minister Tore Sandvik cautioned that procurement of anti-ballistic systems and maritime surveillance drones will be delayed, while Prime Minister Jonas Gahr noted "defence materiel has become more expensive."
- These measures position Norway to reach NATO's 3.5 percent of Gross Domestic Product target by 2035, raising annual defence spending to over 190 billion kroner while addressing pressure from United States President Donald Trump.
12 Articles
12 Articles
Norway floats additional $11.8B in defense spending through 2035, cancels drone program
The new funding is set to go directly toward the acquisition of new F-35 fifth generation fighter jet integrated Advanced Anti-Radiation Guided Missile – Extended Range (AARGM-ER) munitions, and stiffen the pace of big ticket submarine and frigate procurements.
Updated defense plan draws flak | Norway's News in English — www.newsinenglish.no
Government leaders and military brass rolled out Norway’s updated national defense plan on Friday with an extra NOK 115 billion in funding. Several major projects, however, have been postponed, and that put defense officials on the defense themselves. Prime Minister Jonas Gahr Støre stressed how the extra funds will bring Norway into compliance with NATO’s […]
The government will increase the financial framework for the long-term plan for the defense sector by an additional NOK 115 billion until 2036. A significant part of the increase, NOK 31 billion, will come by 2030. At the same time, the government is proposing adjustments and reprioritizations in the plan.
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