Polish government official Konrad Gołota announced that their country aims to cooperate with US-based defense companies by using European financing resources through new joint ventures and acquisitions. Poland is concentrating on increasing its military capacity in line with the ongoing war against Ukraine and security concerns in the region.
While Warsaw is making big plans for the purchase of new weapons and equipment, he stated that the financing required for these purchases will be provided through the European Union’s low-interest loans and SAFE program. These loans amount to approximately 44 billion Euros and will make a great contribution to the country’s defense budget.
According to Gołota’s statements,Defense spending in the country will increase GDP next year will reach 4.7% and this amount is approximately 55 billion dollarswill be. Thanks to this financing, Poland plans to purchase new weapons, as well as support joint ventures.
Joint Ventures and Technology Transfer
Poland is not satisfied with just purchasing ready-made products; It also aims to use the funds to finance further joint ventures and technology transfer from US firms. The country is in talks to decide which technologies U.S. manufacturers can share.
According to Gołota,“We use a lot of American equipment. Over the years we have spent approximately $60 billion on contracts with the United States. This is a significant investment and we aim to strengthen our cooperation with your companies to take it to higher levels.”
The next steps to be taken include technology transfer and joint project development by American defense companies. “In this process, communication and cooperation will continue in order to use financial resources effectively and accelerate technological development.” , “meta_keywords”: “Polish defense, US defense companies, security investments, joint ventures, technology transfer, European financing, defense budget, arms purchases, defense industry development
