German Chancellor Olaf Scholz’s decision late last month to increase German defense spending to 2 percent of GDP and kick the increase off with a €100 billion (roughly $110 billion) spending spree marks a profound sea change in German defense thinking, which will have important consequences for European defense, the European Union, and NATO. It also raises immediate questions about how Germany will spend that money and what the post-splurge Bundeswehr will look like. This, too, matters a great deal for Germany’s allies: European defense is a team effort, meaning that if suddenly Europe’s sleeping giant decides to become a military powerhouse, the rest of the team might want to adjust their own spending and planning. Money on the scale that Germany is now committing to spending means not just fixing all the ways in which the Bundeswehr currently is broken, but also becoming something larger and more capable. But in what ways?