Portugal has allocated EUR270 million (USD313 million) to support its ongoing equipment modernization in 2018, according to an official document seen by Jane’s . The figure is part of the EUR2.15 billion amount the government had budgeted for defence in 2018.
The country released its 2015–26 Military Programming Law in May 2015, worth EUR3.16 billion, of which EUR682.97 million are for the Ministry of National Defence, EUR89.308 million for general staff, EUR662.274 million for the army, EUR1.017 billion for the navy, and EUR707.470 million for the air force.
The Ministry of National Defence was allocated EUR 101.66 million, of which EUR94.66 million will support joint capabilities including EUR32.74 million for the continued leasing of twelve Airbus C295M aircraft; EUR28.16 million for the continued leasing of twelve EH-101 Merlin helicopters and EUR25 million for its integrated support and maintenance; EUR2.5 million to support the Portuguese defence technology industrial base (DTIB); EUR1.4 million for logistics support; EUR2.840 million for information and management systems; and EUR1.460 million for R&D.
Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at ihs.com/contact