Defense will be very much on the minds of Sweden’s new government, against a backdrop of an unpredictable Russia and a domestic military that is unable to either fund major new procurement programs or work within the tight parameters of the current budgeting framework.
Opposition leaders have proposed an alternative solution that would see the Patriot missile program funded through a special allocation separate from the main defense budget.
The government initiative aims to connect Finnish advanced technology companies to subcontracting and investment cooperation opportunities within the HX-FP contract framework.
Supo has ranked terrorism-linked cyber-threats as the primary risk to Finland’s national security and critical industrial infrastructure going forward.
The agreement advances Denmark’s goal to raise spending on its military to 2 percent of GDP ― a target set by NATO for its member states to hit by 2024.