German Federal Ministry of Defence (BMVg)

Stories

Global military spending hits record as Europe drives rearmament cycle

As of May 2026: Overseeing the largest defense buildup of any major European economy

Europe's defense budgets jumped 14% last year to $864 billion, the steepest annual rise since the Cold War. Germany alone added 24%, reaching $114 billion and overtaking every other European spender.

Updated May 31

Germany doubles down on Arrow 3: a $3.1B add-on to build Europe’s “top layer” missile shield

New Capabilities

As of May 2026: Customer and integrator for Arrow 3 within Germany’s layered air defense

Germany just decided it doesn't want a "nice-to-have" missile shield. It wants a real one. On December 17, the Bundestag approved a major expansion of Germany's Arrow 3 procurement from Israel—roughly $3.1 billion more.

Updated May 15