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Spanish Government Ratifies €34 Billion Defense Spending Ceilings for 31 Modernization Programs

Unlocking financing for thirty-one modernization initiatives through 2037, the decision builds on an initial €10.5 billion boost to secure Spain’s two percent NATO spending target.

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Overview

  • The Council of Ministers approved sixteen new multi-year spending ceilings that unlock nearly €34 billion for defense programs from 2026 to 2037.
  • An initial €10.471 billion allocation for 2025 ensures Spain meets its commitment to spend two percent of GDP on defense this year.
  • Thirty-one Programas Especiales de Modernización include upgrades for combat vehicles, artillery, radars, naval vessels, trainer aircraft, helicopters, radar satellites and secure digital networks.
  • The plan earmarks €679 million to raise military salaries and expand troop levels to tackle recruitment and retention challenges.
  • A focus on domestic production and alternative suppliers underpins efforts to bolster Spain’s industrial autonomy and technological sovereignty.