---
title: "Denmark announces $2.1 bln Arctic military investment plan"
description: "COPENHAGEN, Jan 27 (Reuters) - Denmark said on Monday it would spend 14.6 billion Danish crowns ($2.05 billion) boosting its military presence in the Arctic, following renewed interest by U.S. President Donald Trump in controlling Greenland, a semi-autonomous Danish territory."
type: "NewsArticle"
publisher: "Daily Maverick"
site: "https://www.dailymaverick.co.za"
section: "Newsdeck"
author: "Reuters"
author_url: "https://www.dailymaverick.co.za/author/reuters/"
canonical_url: "https://www.dailymaverick.co.za/article/2025-01-27-denmark-announces-2-1-bln-arctic-military-investment-plan/"
published: "2025-01-27T21:14:21"
updated: "2025-01-27T21:14:22"
lang: "en-ZA"
word_count: 111
---

# Denmark announces $2.1 bln Arctic military investment plan

> COPENHAGEN, Jan 27 (Reuters) - Denmark said on Monday it would spend 14.6 billion Danish crowns ($2.05 billion) boosting its military presence in the Arctic, following renewed interest by U.S. President Donald Trump in controlling Greenland, a semi-autonomous Danish territory.

By Reuters · Published 27 January 2025, 23:14 SAST · Updated 27 January 2025, 23:14 SAST

## Key points
- In a bold move to bolster its Arctic presence, Denmark has decided to swap its decade-long penny-pinching for a hefty military budget, earmarking funds for three new navy vessels and a couple of high-tech drones—because who doesn’t want to keep an eye on the North while sipping hot cocoa?
- Denmark announces a political agreement to fund three new Arctic navy vessels and enhance surveillance capabilities with drones and satellites.
- The country has reversed over a decade of defence spending cuts, allocating 190 billion Danish crowns ($26 billion) for military improvements over the next decade.
- A portion of the new budget specifically targets military enhancements in the Arctic region.
- Political parties plan to negotiate additional funding for Arctic military operations later this year.

## Content

The broad political agreement includes funding of three new Arctic navy vessels, two additional long-range drone and satellites for improved surveillance, Defence Minister Troels Lund Poulsen said at a press conference.

Following more than a decade of [drastic cuts](https://www.reutersconnect.com/all?search=all%3AS8N3LC009&linkedFromStory=true) in defence spending, last year Denmark allocated [190 billion](https://www.reutersconnect.com/all?search=all%3AL1N3O60HY&linkedFromStory=true) Danish crowns ($26 billion) for its military over a 10-year span, some of which will be for the Arctic.

The deal presented on Monday set aside a portion of that budget to the Arctic region. The political parties agreed to negotiate more funding for the military Arctic later this year.

($1 = 7.1158 Danish crowns)

(Reporting by Jacob Gronholt-Pedersen; Editing by Alex Richardson)