Commentary: Military build-up is swallowing billions - this can't go on forever
The arms boom is securing many jobs. However, the pace of rearmament cannot be sustained in the long term. The search is on for smart defence solutions for the future.
The German military is experiencing a surge in demand for defense equipment, driven by a significant increase in funding. The defense budget is set to nearly double to 180 billion euros by 2030, exempt from the debt brake with the 2026 budget. As a result, companies like Rheinmetall and KNDS are expanding their production, creating new opportunities for regions that have previously relied on the automotive and mechanical engineering industries.
In areas such as Kassel, Görlitz, and Unterlüß, thousands of people are transitioning to the defense sector, with some workplaces, like in Görlitz, adapting to produce military hardware, including tank bodies and cannons.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
