Germany set to approve $3.47 billion defence package with Airbus, Bloomberg News reports

Core Points - Germany is preparing to approve defense equipment purchases exceeding $3.47 billion [1] - The purchases include 20 light combat helicopters from Airbus SE [1] Group 1 - Germany's defense spending is set to increase significantly with the approval of over $3.47 billion in equipment purchases [1] - The acquisition of 20 light combat helicopters from Airbus SE highlights the country's focus on enhancing its military capabilities [1]