00:00Sweden announced on Thursday that it was investing approximately 800 million euros in a new defense package to bolster the
00:07country's aerial defenses.
00:09The package includes new radars, anti-aircraft weapons, as well as electronic warfare platforms.
00:16The investment makes up more than half of money allocated to the country's defense capabilities, announced in January this year.
00:25Stockholm says it has signed deals with Swedish manufacturer Saab, as well as BAE Systems Bofors, a Swedish subsidiary of
00:33the UK's BAE Systems weapons firm.
00:36Defense Minister Pal Johnson says the package is important to address threats facing Europe following Russia's invasion of Ukraine in
00:44February 2022.
00:46Deliveries are slated to begin in 2027, which Johnson noted was, quote,
00:52relatively fast given the ever-growing demand for weapons across the continent.
00:58Defense Minister Pal Johnson
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