New Zealand eyes cargo planes, helicopters, Javelins in new budget

New Zealand eyes cargo planes, helicopters, Javelins in new budget

WELLINGTON, New Zealand — New Zealand’s 2025 Budget, released this week, is slated to bring defense spending to NZ$4.2 billion (US$2.4 bn), Defence Minister Judith Collins announced.“To achieve this, the government has allocated $2.7 billion of capital and $563 million of operating funding for priority projects identified in the Defence Capability Plan we released last month,” she said.Spending priorities include replacing the Royal New Zealand …