Sweden: FMV proposes increased defence funding and production expansion

By Defence Industry Europe

The Swedish Defence Materiel Administration (FMV) has outlined key strategic measures in its budget proposal for 2026–2028 to enhance the country’s defence capabilities. The proposal, submitted to the government, aims to improve flexibility, increase production capacity, and strengthen international collaboration.
Photo: Swedish Armed Forces.

The Swedish Defence Materiel Administration (FMV) has outlined key strategic measures in its budget proposal for 2026–2028 to enhance the country’s defence capabilities. The proposal, submitted to the government, aims to improve flexibility, increase production capacity, and strengthen international collaboration.

 

FMV’s budget plan is based on government directives and includes financial proposals for the next three years. The focus aligns with Sweden’s military defence strategy for 2025–2030, emphasising the need for a stronger and more resilient defence system.

The growing demand for defence materiel has placed pressure on Sweden’s domestic production capacity. To address this, FMV is proposing greater state involvement to ensure supply requirements are met while also expanding international partnerships to boost production.

 

 

Henrik Gaunitz, Head of FMV’s Management and Finance Division, stressed the importance of proactive measures within the agency’s mandate. By the end of 2030, Sweden’s total military defence budget is expected to reach approximately SEK 186 billion, with SEK 43 billion allocated for 2026.

With increased financial resources comes greater responsibility to ensure effective military capability. FMV aims to optimise its operations while proposing legislative adjustments, increased state commitments, and more flexible investment planning to enhance Sweden’s defence readiness.

 

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