Loading...
Loading...
Browse all stories on DeepNewz
VisitSweden to Buy 44 Leopard 2A8 Tanks and Modernize 66 for €2 Billion, Expanding Army to Four Brigades
Jan 9, 2025, 10:01 AM
Sweden has signed a contract with the German-French defense equipment manufacturer KNDS to purchase 44 new Leopard 2A8 tanks and to modernize 66 existing Leopard 2 tanks, at a total cost of approximately €2 billion. The deal, which was finalized just before December 25, 2024, is part of a broader initiative to enhance Sweden's defense capabilities and to double the size of its army to four brigades. Defense Minister Pal Jonson emphasized the necessity of this investment during a visit to the Gotland Regiment P18, highlighting its importance in addressing current security challenges in Europe. The Leopard 2A8 tanks, equipped with advanced features such as a 120mm L55 smoothbore gun and a three-man turret, are expected to significantly boost Sweden's military strength.
View original story
Markets
No • 50%
Yes • 50%
Official announcements from Swedish Ministry of Defense or KNDS
No • 50%
Yes • 50%
Official announcements from the Swedish Ministry of Defense
Yes • 50%
No • 50%
Official announcements from Swedish Ministry of Defense or KNDS
Increase by more than 20% • 25%
Increase by less than 10% • 25%
No significant change • 25%
Increase by 10-20% • 25%
Official budget reports from the Swedish government
Other reasons • 25%
Political strategy • 25%
Security challenges in Europe • 25%
Technological advancement • 25%
Public opinion polls or surveys conducted by reputable organizations
After 2026 • 25%
By end of 2025 • 25%
By mid-2026 • 25%
By end of 2026 • 25%
Official announcements from Swedish Ministry of Defense or KNDS