The Irish government is increasing the Department of Defence budget by EUR32.32 million (USD35.42 million) in 2020.
Official budget documents, released on 8 October, show total spending will increase by 5% in nominal terms to EUR1.04 billion. Capital expenditure in 2020 will increase by 6.6% to EUR113 million, before further increases to EUR120 million in 2021 and EUR125 million in 2022. Overall expenditure will be static over this period, reaching EUR1.05 billion by 2022.
Equipment procurement in 2020 includes replacements for two CASA CN235s that are reaching the end of their service lives. Irish media reports indicate that Airbus is a contender to offer two C-295s for EUR60 million.
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