Meet the defense giants that will rearm Europe as the EU eyes a massive military buildup

The European Union announced plans to increase its defense spending by €800 billion ($867 billion), European Commission President Ursula von der Leyen said this week, unveiling the ReArm Europe plan. The plan includes €150 billion in loans to help member states buy air defenses, artillery, missiles, “ammunition drones,” and anti-drone systems as well as address other needs like cybersecurity and mobility.

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