There were 586 press releases posted in the last 24 hours and 453,303 in the last 365 days.

Defence industry strategy for a stronger Sweden

SWEDEN, June 12 - The Government has adopted a new strategy for Sweden’s defence industry with the aim of creating an innovative and competitive defence sector with a high production capacity.

The geopolitical security situation continues to deteriorate. A strong defence industry is necessary for Europe to be able to take greater responsibility for its own security and defence. The defence industry plays a key role in the rearmament of Sweden and in providing support to Ukraine. 

“With the Defence Industry Strategy we want to contribute to more innovation, increased production and better cooperation with the industry,” says Minister for Defence Pål Jonson.

The strategy sets out the Government’s concrete measures to strengthen the business sector’s ability to contribute to Sweden’s security. 

In parallel with the Defence Industry Strategy, the Government is developing an industry strategy that deals with Swedish industry more broadly. These strategies complement each other and collectively contribute to a more resilient and secure Sweden.

“By making substantial investments in research, development and advanced production techniques, not only does the defence industry contribute to defending Sweden but also to our standing as a high-tech industrial nation. This makes Sweden attractive as a cooperation partner and helps to strengthen our security relations within the EU and NATO as well as with other countries,” says Jonson.

The Defence Industry Strategy is based on the National Security Strategy and the defence policy direction set out in the Total Defence 2025–2030 Bill.

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.