Portugal is sharply strengthening its defense sector: in a year and a half, nearly 100 new companies related to the military industry have emerged in the country, and military spending has reached record levels.
According to estimates from the Portuguese Ministry of Defense, there are currently 450 companies directly operating in the defense sector.
From January 2025 to April 2026, nearly 100 companies directly related to the defense industry were established in Portugal, reports Wiadomosci.
The article notes that, according to estimates from the Portuguese Ministry of Defense, there are currently 450 companies that directly work in the defense sector. It emphasizes that this is the largest number since the country joined the EU in 1986.
The publication refers to data from Portuguese media, which indicate that in 2025, the country's defense spending amounted to nearly 6 billion euros, which corresponds to 2% of GDP.
In particular, last October, the Portuguese government led by Prime Minister Luis Montenegro announced a record increase in military spending for 2026. The increase in the defense budget by nearly 3.8 billion euros represents a growth of 23.2% compared to 2025.
Portugal is actively increasing defense spending and developing its military industry. The growth in the number of companies in this sector and record funding for the military show that the country is betting on strengthening security and modernizing the armed forces, writes bb.lv.
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