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NATO Secretary General Rutte Announces a 5% Spending target. How Thales Will Benefit From it!

J. Meyer
Reading Time: 1 minute

NATO Secretary General Mark Rutte believes that NATO states will raise the spending target in June. Until now, it was set at 2%. Discussions have centered on increasing it to 3-3.5%. Now there might even be a big surprise. Because Mark Rutte expects the alliance states to agree on 5%! Quote: "We need this, because otherwise we will never really achieve the capability goals that we must reach.” Planned are up to 3.5% as traditional defense spending, with the remainder on military-useable infrastructure. This includes railway lines, bridges, and...

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