Germany reports record sum to NATO. Germany has reported to NATO planned defense spending of two percent of gross domestic product for the first time in three decades.
In absolute terms, this is a record for Germany and, according to the current NATO forecast, would mean a GDP ratio of 2.01 percent. According to the Ministry of Defense, the money will be used to finance, among other things, new infantry fighting vehicles, frigates, submarines and state-of-the-art F-35A multi-role combat aircraft.