30 March 2021
by Nicholas Fiorenza
The German government on 24 March approved the benchmarks for the federal budget, including the defence budget and funding plan until 2025, the Ministry of Defence (MoD) announced on its website the same day. This includes a 2022 defence budget totalling EUR49.29 billion (USD58 billion), a 5% increase from this year's EUR46.93 billion.
German Defence Minister Annegret Kramp-Karenbauer said the increase is necessary to fill capability gaps and counter threats from unmanned aerial vehicles and hypersonic weapons, as well as in cyberspace, resulting from decades of cuts.
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The German government on 24 March approved the benchmarks for the federal budget, including the defe...