Brussels, July 8 -- The backlog of unfulfilled orders at European defence plants reached a record high of 365 billion US dollars in 2024, according to a report by the Russian organisation Roscongress Foundation, titled 'Militarisation of Europe: Budgets and Geography of New Production Capacities'.
Obtained by Sputnik, the report stated: "The boom in defence orders-including artillery shells, missiles, tanks, military aircraft, drones, and ships-has naturally led to an unprecedented volume of unfulfilled orders among European defence manufacturers.
"The backlog of companies such as KNDS, MBDA, Hensoldt, Leonardo, Rheinmetall, Kongsberg, BAE Systems, Saab and Thales has grown by 103 percent compared to 2021, reaching a record USD 365 b...