Spanish procurement funding details confirmed

04 December 2017

Spain committed some EUR1.8 billion (USD2.1 billion) of funding for a series of special armament programmes, Spanish media has confirmed, with funding now falling under core ministry of defence spending in line with an announcement made by the government in March 2017.

Agustin Conde, Spain’s secretary for defence, announced at that time that obligations accrued to these 11 Programas Especiales de Armamento (PEAs) in 2016 and 2017 was going to be included in the core defence budget, like in the forms of loans or arrears payments.

The PEAs are large defence acquisitions, namely: Pizarro armoured fighting vehicles, 8x8 wheeled combat vehicles, Tiger combat rotorcraft, NH90 rotorcraft, S-80 submarines, maritime action vessel extension 1-series frigates, F-100 frigates, Eurofighter typhoon fighters, A400M transports, Spike-LR missiles, and CIS UME communications systems.

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