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Denmark to invest $40 billion in the Danish Navy amid Ukraine war.
According to information published by the Danish Ministry of Defense on August 18, 2022, Morten Bodskov has said that the Danish government to invest $40 billion Danish krone in the Royal Danish Navy's Fleet.
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Russian Project 885 submarine passing the Storbelt bridge in Denmark (Picture source: Twitter account of Khaled Iskef)
The war in Ukraine increases the need for stronger national maritime security of supply. Denmark must be able to build its own naval vessels - and within the next few years, this could mean investments of up to DKK 40 billion.
Defence Minister Morten Bødskov launches a new national partnership for the maritime sector. The partnership will work for stronger security of supply for the Danish defense and at the same time exploit the enormous potential of the Danish maritime sector to support the ongoing needs of the defense.
The new National Maritime Partnership will ensure coordination across government, industry, professional organizations, and financial institutions. This applies, among other things, to the work of strengthening Denmark's national shipbuilding capacity.
The partnership will prepare an analysis that will lead to concrete recommendations on how best to support the long-term ship procurement needs of the Danish Defence - for example, by ensuring that Denmark has the competences to design, build and maintain naval vessels.
In August 2014, the Danish government announced that it would contribute to NATO's missile defense shield by equipping one or more of its frigates with radar capacity, amid the Russo-Ukrainian War and growing tensions between Russia and NATO.
After the 2022 Russian invasion of Ukraine started, Denmark, as one of the EU countries, imposed sanctions on Russia, and Russia added all EU countries to the list of "unfriendly nations".
On 10 August 2022, the Danish government announced it would send 130 military instructors to join the UK-led training of Ukrainian soldiers. Denmark also offered to train Ukrainian officers in Denmark.