Denmark to allocate $615 million for modernisation of Navy and Home Guard fleets

The latest news on Denmark. The country has announced a significant investment of 4 billion Danish kroner (approximately $615 million) by 2033, focusing on renewing its Navy and Home Guard fleets, the Defence Minister said at a press conference on Tuesday.

This strategic investment will enhance the country's ability to safeguard its waters, with plans for new vessels, including four multifunctional ships for environmental protection and mine-laying, as well as autonomous underwater drones for better surveillance.

The coalition government's plans also include acquiring Arctic vessels and bolstering the defence with air-defence frigates, reflecting the ambition to stay ahead in modern naval capabilities, with future investments possibly reaching even higher figures.