December 17, 2020 | International, Aerospace, Naval, Land, C4ISR, Security
By: The Associated Press
STOCKHOLM — Sweden's parliament on Tuesday approved a 40 percent increase in the defense budget for 2021-2025 because of tensions in the Baltic Sea region in recent years, with officials saying Russia is the main reason for the move.
The 349-member Riksdag assembly approved the largest hike in 70 years, bringing the annual defense budget by 2025 to 89 billion kronor (U.S. $11 billion).
Defence Minister Peter Hultquist told the assembly before the series of votes that “it is the largest investment since the 1950s.”
The proposal was put forward in October by Sweden's two-party Social Democrat-Green Party minority government, and it received immediate backing from two smaller opposition groups.
The government described it as sending a signal after Russia's 2014 annexation of Crimea, repeated airspace violations by Russian military aircraft in the neighboring Baltics and a military buildup in Russia's exclave of Kaliningrad, which sits across the Baltic Sea from Sweden.
“There is much to suggest that Russia's military capabilities in absolute terms will increase throughout the next 10-year period,” the adopted proposal read.
The plan will see the armed forces grow from the current 55,000 positions to 90,000 by 2030. Several disbanded regiments will be reestablished and the number of conscripts will increase to 8,000 annually, which is a doubling compared with 2019. The Navy will receive new equipment and there will be upgrades in armament.
Sweden currently spends 1.1 percent of gross domestic product on defense. Guidelines issued by NATO, of which Sweden isn't a member, advise that members spend 2 percent, although many do not achieve that target.
In December 2017, Sweden decided to establish the nation's first new military regiment since World War II — a unit of 350 soldiers based on the strategically important Baltic Sea island of Gotland.
In the same year, Sweden also introduced a selective military draft for men and women, having previously abolished a men-only draft in 2010.
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By: Tom Kington ROME — Italy's two state-controlled defense champions, Leonardo and Fincantieri, have fought an unusual battle over the acquisition of a smaller company as they jockey for position ahead of their expected integration of naval work with French industry. Shipyard Fincantieri thought it had sewn up the purchase of Italian firm Vitrociset in August, only for Leonardo to snatch it from under its nose on Sept. 7, leaving the Italian government to step in to mediate. The tussle between two firms that both answer to the Italian state and closely cooperate on naval programs around the world is due to new rivalry as both edge toward teaming on naval programs with France's Naval Group. The Italo-French deal is still being thrashed out, but may see a 10 percent share swap between Naval Group and Fincantieri and joint export campaigns to reduce the fractured nature of the European shipbuilding industry. The deal automatically involves Leonardo since it provides electronics, guns and radars for Fincantieri's ships. But Leonardo CEO Alessandro Profumo has expressed concerns that regarding ships built or marketed jointly by Fincantieri and the French, his systems may be overlooked in favor of those produced by Thales, which is a shareholder in Naval Group. Full article: https://www.defensenews.com/industry/2018/09/14/fincantieri-leonardo-tussle-over-acquisition-ahead-of-french-tie-up