Idex Abu Dhabi 2025: Saab chief sees demand surge as Europe to increase defence spending

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Idex Abu Dhabi 2025: Saab chief sees demand surge as Europe to increase defence spending

Swedish conglomerate aims to sell variety of advanced weapons and missiles, Micael Johansson says

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At the Munich Security Conference this weekend, Ursula von der Leyen, President of the European Commission, called for an increase of the defence expenditure target to 3% of the Member States' gross domestic product (GDP) compared to 2% currently set by NATO.More military spending for Europe To achieve this objective, the leader mentioned the idea of activating the "exception clause" of the European budgetary rules, which would allow member coun…