Business
20:31 30 January 2024
Post by: WBJ

Poland as top buyer of US military equipment in fiscal year 2022/23

Poland as top buyer of US military equipment in fiscal year 2022/23
Source: Pixabay

In the fiscal year 2022/23, Poland led in placing the largest orders for American military equipment, according to data released by the US Department of State. The Polish orders amounted to over $31 billion. This procurement includes tanks, combat helicopters, technical security vehicles, and high-mobility rocket systems. The decision to allocate over 3% of Poland's GDP for defense spending was influenced by the war in Ukraine. The defense budget for 2024, awaiting President Andrzej Duda's signature, is set at PLN 118.1 billion, equivalent to 3.1% of the projected GDP. Notably, despite changes in government, there were minimal alterations to the defense budget prepared under the previous administration.

Foreign contracts for military equipment purchases will undergo audits, but there are no plans to cancel any orders placed with US suppliers.

Source: wnp.pl


More News

lifestyle

LifeStyle
17 days ago

Doda Promises Emotions and Surprises at Polsat Hit Festival in Sopot

LifeStyle
30 days ago

New Culinary Concept Opens in Warsaw’s Kamionek District

LifeStyle
1 month ago

Mercedes-Benz Unveils Sleek New CLA with Electric Power and AI Tech

LifeStyle
1 month ago

Klaudia Zioberczyk Advocates for Minimalism Amidst Rising Modeling Career

Book of Lists

Book of Lists
4 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
5 years ago

25th jubilee edition of Book of Lists – project start