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Poland to invest $3.9 billion to modernize naval forces

Staff writer |
Poland plans to invest $3.9 billion over the next 10 years to modernize its naval forces, Prime Minister Ewa Kopacz said.

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"Over the next decade to modernize the Navy (for the operational program ‘Combating threats at sea,’ we will allocate 13.2 billion zlotys," Kopacz said, as quoted by the prime minister’s official website.

Speaking at a ceremony at a shipyard in the northern city of Gdansk, Kopacz said $420 million of the earmarked sum would be spent this year.

The investment is part of Warsaw’s commitment to increase military spending on defense to 2 percent of GDP, as prescribed by the North Atlantic Treaty Organization (NATO).

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