According to UNIAN, Norway plans to increase its defense budget by 17.5 billion euros over the next 20 years under the new law, submitted by the Government.
"Unfortunately, the geopolitical circumstances have changed a lot in recent years, and not for the best”, Prime Minister Erna Solberg said at a press conference in Oslo on June 17.
“We have more and more unpredictable neighbor in the East, which strengthens its military capabilities and has shown a willingness to use military force as a political tool", she added.
The law aimed at the modernization of the army, and includes both the preservation of existing resources and the acquisition of new weapons. Norway plans to buy 52 F-32 fighter planes of the fifth generation and four submarines, as well as the new aircraft naval surveillance, which will replace six outdated P-3 Orion patrol aircraft.
Currently, the military forces of the country "are not adapted to the current geopolitical situation", said the head of the Norwegian government, calling the Armed Forces modernization plans "the most ambitious since the end of the Cold War."
The law on military update must be approved by the Norwegian parliament.