Back to news

November 5, 2018 | International, Aerospace, Naval, C4ISR

Italy spends $5.7 billion on military procurement in 2018

By:

ROME — Italy has spent slightly more than €5 billion (U.S. $5.7 billion) on defense procurement in 2018 and launched a series of new programs, a newly released spending document has revealed.

Published months behind schedule, the Defence Ministry document also states that the ministry's overall budget, which includes its contribution to procurement as well as funds for personnel and maintenance and operations, stood at €13.8 billion this year, up from €13.2 billion the year before.

The total budget for procurement combines a €2.3 billion contribution from the Defence Ministry funding with a €2.8 billion top-up from Italy's Ministry of Economic Development, which has long shored up acquisition funding.

A chart published in the document shows that procurement funding from the defense ministry has risen 83 percent from €1.5 billion in 2008, and overtook Defence Ministry procurement in 2016 for the first time.

The figures are contained in Italy's annual defense spending document, which is due to be examined by the Italian parliament's defense commission next week and has been seen by Defense News.

The document breaks down spending per program in 2018 and lists new programs receiving funding for the first time, including four new Chinook helicopters for special forces troops, which will cost €528 million over nine years.

Launch funding is also allotted for the purchase of a third pair of U212 submarines for the Italian Navy, a program due to cost a total of €2.35 billion. There is also launch funding for a second pair of Cosmo Skymed Second Generation radar satellites which will cost a total of €212 million.

Also included in the budget is funding to launch the purchase of a new submarine rescue vessel which will cost a total of €424 million.

Usually published in the spring, the release of the budget overview has been held up by a change of government, which saw a center-left administration replaced in June by a populist coalition.

The new government's defense budget plans are yet to be finalized as the overall state budget is still being worked on, but a source has already told Defense News that €450 million are to be trimmed from planned spending to help fund social welfare programs.

The programs to be put on ice during 2019 are NH-90 helicopter acquisitions and the CAMM-ER missile program, while plans to move the headquarters of individual military services in Rome under one roof in premises on the outskirts of the capital have been scrapped.

https://www.defensenews.com/global/europe/2018/11/02/italy-spends-57-billion-on-military-procurement-in-2018

On the same subject

  • Defense authorization bill delayed until after election

    September 10, 2020 | International, Aerospace, Naval, Land, C4ISR, Security

    Defense authorization bill delayed until after election

    By: Joe Gould WASHINGTON — A bipartisan compromise and vote on the 2021 defense policy bill isn't likely before the Nov. 3 elections, but it should come “quickly” thereafter, the House Armed Services Committee's top Republican said Wednesday. The vote would delay a decision from Congress about whether the Defense Department to rename military bases honoring Confederate leaders. It's defining issue for the $740.5 billion defense authorization bill, which includes must-pass provisions like military pay hikes, defense equipment purchase plans and strategic posturing of forces in coming years. “There are more negotiations that have to occur, and part of that negotiation is talking with the White House about the shape of that provision,” Rep. Mac Thornberry, of Texas, said at the Defense News Conference. “Is there a way to get everybody to ‘good?' Of course there is. Is it likely to happen before the election? No, it's not.” Republicans and Democrats in the House and Senate voted overwhelmingly to back language requiring the changes, though the House requires the names changed within one year and the Senate bill requires them within three years. President Donald Trump has threatened to veto the 2021 National Defense Authorization Act over the Confederate name changes among other issues. Trump has said Senate Armed Services Chairman Jim Inhofe, R-Okla., personally assured him that Congress will not force the Pentagon to change the names. That's fueled speculation that bipartisan negotiations to reconcile the bills could drag on. The summer's sustained protests over racial injustice have buoyed the provision, while Trump has argued that changing the names would dishonor troops who have served at the sites and that Confederate symbols aren't racist. “We can't cancel our whole history,” he told Fox News last month. Thornberry, who had offered a softer alternative as a House amendment, said Wednesday that both sides have political incentives not to compromise on the base renaming provision, among other issues. “I don't know how that will come out in conference, but I do think we are in a time when neither party is rewarded for compromise, and coming together and getting things done,” he said. “On the other hand, I think we should be able to get a conference report pretty quickly after the election.” https://www.defensenews.com/congress/2020/09/09/no-defense-authorization-bill-before-election-says-thornberry/

  • The Army's new exosuit aims to reduce back injuries among soldiers

    September 13, 2022 | International, Land

    The Army's new exosuit aims to reduce back injuries among soldiers

    Some 460 soldiers are diagnosed with back overuse injuries every day.

  • Raytheon injecting Collins Aerospace unit with $2.7 billion JADC2 jolt

    June 19, 2023 | International, C4ISR

    Raytheon injecting Collins Aerospace unit with $2.7 billion JADC2 jolt

    Raytheon in September was named to the U.S. Air Force’s ABMS Digital Infrastructure Consortium alongside four other defense industry heavyweights.

All news