Luxembourg has pledged to NATO that it will increase defence spending to 2% of its national GDP by 2030 – amounting to €1.46 billion, a rise of more than €600 million compared to current levels. In response, a working group called Lux4Defence and consisting of various companies and institutions – including SES, LIST, and Luxinnovation – has drafted a strategic proposal on how to allocate this increased defence budget.
