Ireland doesn't build tanks or weapons but SMEs are hoping to benefit from Europe's increased defence spending 

With EU defence budgets soaring, Ireland’s tech firms have a chance to play a bigger role in security innovation
Ireland doesn't build tanks or weapons but SMEs are hoping to benefit from Europe's increased defence spending 

Army Ranger Wing members in the Curragh Camp in Kildare. Ireland spends the least on defence out of 38 European nations. Picture: Eamonn Farrell/RollingNews.ie

It has taken less than two months of Donald Trump being back in the White House for long-standing alliances and international security arrangements to be upended, forcing the EU, and by extension Ireland, to massively rethink its own defence spending policies.

As a result, European nations are ramping up defence spending offering a potential boon to companies both on the continent and in Ireland. While Ireland does not have a domestic defence industry producing hardware, it does have a range of software firms already working in the sector.

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