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Home > Finance > Germany set to approve $3.36 billion in arms in defence surge, Bloomberg News reports

Finance

Germany set to approve $3.36 billion in arms in defence surge, Bloomberg News reports

Published by Global Banking and Finance Review

Posted on November 28, 2025

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(Reuters) -Germany lawmakers are set to approve spending 2.9 billion euros ($3.4 billion) on 11 military procurement contracts, including for drones, rifles and missiles, in deals that will largely go to domestic manufacturers, Bloomberg News reported on Friday.

Reuters could not immediately verify the report.

($1 = 0.8633 euros)

(Reporting by Abu Sultan in Bengaluru; Editing by Tom Hogue)

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