"The defense sector generated around 2.1 billion ($2.4 billion) in revenue last year, according to Jose Neves of the industry association, AED Cluster Portugal, which involves more than 160 Portuguese organizations working in aeronautics, space and defense."
"Portugal is also actively purchasing equipment abroad to meet the NATO-agreed target of spending 5% of gross domestic product on defense. Lisbon is buying frigates from Italy, tanks from Germany and new fighter jets."
"The Gripen-E would strengthen Portuguese and European strategic defense capabilities through long-term industrial partnerships and technological sovereignty."
"Unlike the Americans, Saab wants to involve the Portuguese defense industry in the Gripen project. Portuguese aerospace company OGMA could manufacture parts of the aircraft."
The Portuguese defense sector generated approximately $2.4 billion in revenue last year, with over 160 organizations involved. Portugal is purchasing military equipment to meet NATO's 5% GDP spending target, including frigates from Italy and tanks from Germany. The decision on new fighter jets is pending, with considerations for both US and European options. Saab's Gripen-E is proposed as a European solution, emphasizing industrial partnerships and technological sovereignty, involving local companies like OGMA in manufacturing parts.
Read at www.dw.com
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