Sweden’s Military Buildup: NATO, Russia, and a Looming World War?
Sweden announced its largest military rearmament plan since the Cold War, involving a €27 billion investment to reach 3.5% of GDP in defense spending by 2030. This includes €2.31 billion for new defense materiel (2026-2028), a €8.86 million investment to combat hybrid threats, and an increased €3.69 billion military aid package for Ukraine. A key component focuses on bolstering northern defenses with two new mechanized brigades for subarctic warfare, operational by 2028. The plan is partially funded through loans and was agreed upon with the Sweden Democrats.