“We need allies—all allies—to dig deep to restore deterrence and ensure defence in the decade ahead,” Johnson will tell the NATO summit in Madrid on Wednesday, his office said in a statement.
“The two percent was always meant to be a floor, not a ceiling and allies must continue to step up in this time of crisis,” he will add.
On the flight to Madrid, the British prime minister said there needs to be “a conversation within NATO” about a new target for defence investment after 2024.
NATO “must adapt to meet new and increased threats” with “long-term investment” as well as a readiness “to surge defence spending to adapt to crises and urgent needs,” the British government said in a statement.
Johnson will also announce at the summit that Britain will boost its military presence in Estonia, a tiny nation bordering Russia, with more powerful weapons and air defence.
Britain has provided massive military support to Ukraine since Russia’s invasion worth £1.3 billion (1.5 billion euros).
Johnson, however, is criticised by the opposition and some lawmakers of his own party for reneging on his election promise to increase military spending in 2022 beyond the rate of inflation, which is expected to hit over 10 per cent this year.
His Defence Secretary Ben Wallace has lobbied for the defence budget to be raised to 2.5 per cent of Britain’s economic output by 2028, according to British press reports.