The Government approves 2.2 billion for Navantia and anticipates a cascade of military awards during the campaign
The Spanish Council of Ministers has initiated loans for military projects aimed at reaching 2.1% of GDP, with Navantia receiving €2.189 billion at 0% interest for three new programs. The government is behind schedule compared to last year, having not yet published a strategy for allocating funds to 14 plans. The confirmed projects include a new generation corvette program, modernization of minehunters, and upgrades for various naval units. Additionally, the Treasury is facilitating payments for a third SpainSat-NG satellite and new Airbus helicopters, totaling €392 million for 22 units.