Defense spending is projected to reach at least 3% of the gross domestic product of European Union member states by 2040, amid escalating security challenges that require increased budgetary efforts, according to Deloitte’s study “The Future of Defense 2040: Four Scenarios for Europe’s Future Security Architecture.” In 2025, the defense budgets of EU member states […] Read more
Defense spending to exceed 3% of EU member states’ GDP by 2040 (study)
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