Freies Politikforum für Demokraten und Anarchisten

palestina libera · Beiträge: 1665

Europe’s defense industry is set to reap a $50 billion windfall as the Nov. 13 terrorist attacks on Paris prompt governments to ramp up spending on military capabilities spanning cyber security to fighter jets, armored vehicles and drones in an effort to defeat Islamic State.

France, where Dassault Aviation SA’s Rafale fighter jet is made, has halted plans to cut almost 10,000 military personnel, while Germany will spend an extra 8 billion euros ($8.5 billion) on defense and Britain has earmarked a further 12 billion pounds ($18 billion), benefiting companies including BAE Systems Plc. Italy said Tuesday it would devote 1 billion euros more to security, after the draft budget called for 2 billion euros of reductions.

http://www.bloomberg.com/news/articles/2015-11-24/war-on-islamic-state-brings-50-billion-european-defense-boost