Germany’s Defense Procurement in 2024: A Historic Acceleration Amid Decades of Slow Progress
Germany’s defense procurement reached record levels in 2024, with 97 major acquisition projects approved by the Bundestag, totaling over €58 billion. This marks a significant acceleration compared to previous years, reflecting the urgency of modernizing the Bundeswehr in light of Russia’s aggression against Ukraine and broader global security challenges. However, when viewed in the context…