Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Denmark to boost Arctic defence by $4.26 billion, buy 16 new F-35s
    Headlines

    Denmark to boost Arctic defence by $4.26 billion, buy 16 new F-35s

    Published by Global Banking & Finance Review®

    Posted on October 10, 2025

    2 min read

    Last updated: January 21, 2026

    Image depicting the founders of The Entertainer, Gary and Catherine Grant, announcing the transition of their toy retailer to employee ownership, emphasizing the significance of this move in the finance sector.
    Founders of The Entertainer toy chain hand over control to workers - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Denmark is investing $4.26 billion to strengthen its Arctic defense, including the purchase of 16 new F-35 jets, amid U.S. concerns over Greenland's defense capabilities.

    Table of Contents

    • Denmark's Arctic Defense Initiatives
    • Investment in Military Assets
    • New Military Headquarters
    • Historical Context of Greenland's Defense

    Denmark Invests $4.26 Billion to Strengthen Arctic Military Presence

    Denmark's Arctic Defense Initiatives

    HELSINKI (Reuters) -Denmark will invest 27.4 billion crowns ($4.26 billion) to boost its military presence in the Arctic and plans to buy 16 new F-35 aircraft, it said on Friday, seeking to fend off U.S. criticism over Greenland's defence capabilities.

    The 16 F-35s, worth another 29 billion crowns, would be in addition to Denmark's original commitment to acquire 27 of the U.S.-made fighter jets as the Nordic country continues to ramp up its national defence, Danish Defence Minister Troels Lund Poulsen told reporters.

    "These are investments that are necessary in difficult times, when, unfortunately, war has once again broken out on European soil," Poulsen told reporters.

    Investment in Military Assets

    AGEING INSPECTION VESSELS AND DOG SLED PATROLS

    U.S. President Donald Trump has said he wants to gain control of Greenland, a Danish sovereign territory, arguing that the Arctic island is vital for the U.S. military and its ballistic missile early-warning system, as the shortest route from Europe to North America runs via the island.

    The Danish and Greenland governments have both ruled out yielding the huge, resource-rich island to U.S. control, although Denmark has acknowledged neglecting the territory's military capabilities.

    New Military Headquarters

    The investment in Greenland and the Faroe Islands will fund two new Arctic ships in addition to three previously agreed vessels, a maritime patrol aircraft, icebreaker capacity, enhanced radar systems, and drones, Poulsen said.

    It will also establish a new military headquarters in the capital Nuuk, he said.

    Historical Context of Greenland's Defense

    Denmark, while responsible for Greenland's security and defence, has limited military forces on the island, including ageing inspection vessels and dog sled patrols.

    The use of dog sleds for patrolling Greenland, which is four times the size of France, dates back to World War Two and remains a specialized unit of the Royal Danish Navy.

    The U.S. military maintains a permanent presence at the Pituffik Space Base in Greenland's northwest.

    ($1 = 6.4341 Danish crowns)

    (Reporting by Louise Rasmussen, editing by Essi Lehto, Aidan Lewis)

    Key Takeaways

    • •Denmark invests $4.26 billion in Arctic defense.
    • •Plans to buy 16 additional F-35 fighter jets.
    • •New military headquarters to be established in Nuuk.
    • •Enhancements include new ships and radar systems.
    • •Denmark addresses U.S. concerns over Greenland's defense.

    Frequently Asked Questions about Denmark to boost Arctic defence by $4.26 billion, buy 16 new F-35s

    1What is military investment?

    Military investment refers to the allocation of financial resources to enhance a nation's defense capabilities, including purchasing equipment, technology, and infrastructure to improve security.

    2What are F-35 aircraft?

    F-35 aircraft are advanced stealth multirole fighters developed by Lockheed Martin, designed for various missions including air-to-air combat, air-to-ground strikes, and intelligence gathering.

    3What are military assets?

    Military assets include equipment, personnel, and infrastructure that a nation uses to conduct military operations and ensure national security.

    4What is the significance of Greenland's defense?

    Greenland's defense is significant due to its strategic location, which is vital for military operations and surveillance, particularly for the U.S. military's early-warning systems.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Exclusive-US plans initial payment towards billions owed to UN-envoy Waltz
    Image for Trump says good talks ongoing on Ukraine
    Trump says good talks ongoing on Ukraine
    Image for France to rally aid for Lebanon as it warns truce gains remain fragile
    France to rally aid for Lebanon as it warns truce gains remain fragile
    Image for Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Exclusive-US aims for March peace deal in Ukraine, quick elections, sources say
    Image for Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Ukraine's Zelenskiy calls for faster action on air defence, repairs to grid
    Image for Olympics-Italy's president takes the tram in video tribute to Milan transport
    Olympics-Italy's president takes the tram in video tribute to Milan transport
    Image for Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Goldman Sachs teams up with Anthropic to automate banking tasks with AI agents, CNBC reports
    Image for Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Analysis-Hims' $49 weight-loss pill rattles investor case for cash-pay obesity market
    Image for Big Tech's quarter in four charts: AI splurge and cloud growth
    Big Tech's quarter in four charts: AI splurge and cloud growth
    Image for Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Exclusive-Bangladesh PM front-runner rejects unity government offer, says his party set to win
    Image for Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    Azerbaijan issues strong protest to Russia over lawmaker's comments on Karabakh trial
    Image for UK police search properties in probe into Mandelson over Epstein ties
    UK police search properties in probe into Mandelson over Epstein ties
    View All Headlines Posts
    Previous Headlines PostMaersk cancels $475 million contract for US-bound offshore wind vessel
    Next Headlines PostNovo Nordisk shuts cell therapy unit amid restructuring