In recent years, South Korea has become an important defense partner for Poland. Further investments and purchases are planned. However, the new Polish government has announced a review of the signed contracts. This raises legitimate concerns in Seoul that some of the contracts could be revised.
At the end of December 2023, the Polish parliament passed a defense budget. In 2024, total defense spending is expected to amount to 36.8 billion euros, with the Ministry of Defense budget set at 27.2 billion euros. This represents 3.1% of GDP (4.1% if all defense-related spending is taken into account). The technical upgrade is expected to cost Poland at least eight billion euros in 2024. If additional funds are raised through the so-called Armed Forces Support Fund, Poland will spend 19.4 billion euros on defense equipment.
Simply sign up for a monthly subscription to immediately benefit from all ESUT Digital advantages.For a monthly subscription
Digital monthly subscription
for €6.00 / month
Digital annual subscription
for 60 € / 12 months
Enjoy the premium content and other benefits ofESUT Digital:
- Access to all online content
- Comprehensive search in the news archive
- Customizable news area
- Background information, analyzes and technical articles completely and exclusively from European Security and Technology and the Defense Technology Reports
- Daily news from the categories Industry / Internal Security / International / Land / Air / Politics / Armaments / Sea / Armed Forces and much more.
Related topics
Poland buys Earth observation satellites from Airbus Fincantieri celebrates successes in Indonesia and South Korea and improves its market position Ukraine will receive six more TRML-4D high-performance air surveillance radars Heckler & Koch with sales and strong increase in profits War in Ukraine: CDU politician calls for defense budget to be doubled Norway contributes to donating tanks to Ukraine Poland purchases British air defense system CAMM Budget Committee releases around twelve billion euros for Ukraine Ukraine has received over 100 Zetros logistics trucks