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Portugal rearms military in €700 million spending round

soldierThe Ministry of Defence has authorised a spend of €700 million to modernise the Armed Forces with almost half of the budget going to the Portuguese-Brazilian partnership, Embraer, for the purchase of KC-390 aircraft.

The aim is for Portugal to play catch-up with NATO allies and nine of a dozen purchase projects already have been signed off by Defence Minister, José Azeredo Lopes, with delivery times stretching to 2026.

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