Poland confirms largest defence spending hike ever, $43 billion in the war chest

Poland has set aside $43 billion for its defence budget over the next ten years, marking the largest boost in military spending in its history. The new budget will see a record-breaking 7% increase in spending year-on-year with the 2013 budget now standing at $9.5 billion. A budget increase in Europe has become a rare occurrence of late so Poland’s biggest spending hike ever marks it out as an interesting market for defence contractors, particularly those with close ties to the region....
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