Serbia Eyes French Jets as President Vucic Vows to Boost Defense Spending
A Dassault Aviation SA Rafale fighter jet.Photographer: Bloomberg/Bloomberg
Serbian President Aleksandar Vucic vowed to increase defense spending to upgrade the military, including through the possible purchase of French warplanes and providing “competitive” wages for elite units.
The Balkan nation may spend an additional €700 million ($748 million) this year on top of the defense budget set at nearly $1.5 billion, Vucic said at the IDEX 2023 arms fair in Abu Dhabi. The funds will be channeled toward upgrading tanks, adding 200 armored vehicles, combat drones and attracting recruits to elite units, he said. Read More…