You will be redirected to the page you want to view in  seconds.

Sweden To Boost Military Spending Over Ukraine Crisis

Apr. 22, 2014 - 03:51PM   |  
A Swedish Air Force JAS-39 Gripen fighter prepares for take off during an April 1 Lithuanian-NATO exercise near Siauliai Zuokniai, Lithunaia . (Petras Malukas / Getty Images)
  • Filed Under


STOCKHOLM — Sweden announced Tuesday that it will increase its annual defense spending over the next 10 years, citing the crisis in Ukraine and an “unsettling” development in Russia.

The right-wing government said that spending would rise gradually until 2024, when the annual defense budget increase would be around 5.5 billion kronor (€604 million, US $835 million), more than in previous estimates.

The Swedish defense budget for this year was 47 billion kronor.

“The recent past has been characterized by a deeply unsettling development in and around Ukraine,” the government said in a statement.

“Russia has occupied parts of a sovereign state.”

The government said the focus of the increase would be on the Baltic Sea and the Swedish island of Gotland, located in the region.

Sweden, which is not a NATO member, wants to expand its fleet of fighter jets from 60 to 70 JAS-39E, buy two new submarines to reach a total of five and refurbish other ships.

The government said that the growing material spending would be financed by redistributing the defense budget and also by cutting cooperation with Russia in environmental and nuclear energy issues, among other measures.

Sweden’s military preparedness has been questioned in the local media over the last months, especially after Russia caught the Swedish air force off guard during a military exercise simulating an air attack on the country in March 2013.

More In World News

Start your day with a roundup of top defense news.

More Headlines from Europe



Login to This Week's Digital Edition

Subscribe for Print or Digital delivery today!

Exclusive Events Coverage

In-depth news and multimedia coverage of industry trade shows and conferences.



Defensenews TV

  • Sign-up to receive weekly email updates about Vago's guests and the topics they will discuss.