Poland awarded a 16 billion-krone ($1.5 billion) contract to Norway’s Kongsberg Gruppen ASA for a coastal missile system as it bolsters its defenses after Russia’s invasion of Ukraine.
Poland will buy four more coastal defense system squadrons that fire naval strike missiles, with deliveries stretching into the next decade, the partly state-owned company said on Tuesday.
Poland plans to spend around 4% of its economic output on defense in next year’s budget as it rearms to deter any Russian aggression and replaces gear donated to Ukraine. The country has been buying Patriot missiles and Abrams tanks in the US and is one of the biggest clients to South Korean arms industry.
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