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Market
Will Denmark acquire two new inspection ships for Greenland by end of 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from the Danish Ministry of Defense or reputable news outlets
Story
Denmark Announces $1.5 Billion Greenland Defense Boost After Trump's Renewed Purchase Interest
Dec 24, 2024, 10:13 PM
Denmark has announced a significant increase in defense spending for Greenland following U.S. President-elect Donald Trump's renewed interest in purchasing the Arctic territory. The Danish government plans to invest approximately $1.5 billion in Greenland's defense capabilities, including the acquisition of two new inspection ships, two long-range drones, and the deployment of two additional dog sled teams. Danish Defense Minister Troels Lund Poulsen described the timing of the announcement as an "irony of fate" and noted that the defense package had been planned prior to Trump's comments. The government also plans to upgrade an airport to accommodate Denmark's F-35 fighter jets, strengthening its military presence in the Arctic region.
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Yes • 50%
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Advanced radar systems • 25%
Missile defense systems • 25%
Surveillance drones • 25%
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