Published on

01/09/2026 – 8:57 GMT+2

Munich, long known for the Oktoberfest and Bayern Munich, is fast becoming one of Europe’s leading centres for defence technology, as young firms building AI-powered drones and military software cluster around the Bavarian capital.

The boom is underpinned by a dramatic rise in German government spending. Germany’s federal budget for 2026 allocates roughly €82.7 billion to defence, an increase of about €29.4 billion on the previous fiscal plan, with troop numbers set to rise by up to 10,000.

Including an off-budget special fund created to modernise the armed forces, total defence spending reaches around €108…

Read the full article at EURONEWS.COM