During the Cold War, Sweden had one the most formidable air forces in the European theater (supported by homegrown industrial base), whatever passes for a navy

During the Cold War, Sweden had one the most formidable air forces in the European theater (supported by homegrown industrial base), whatever passes for a navy in Baltic Sea and large not that badly armed conscript force, together probably quite capable of at least providing a credible hindrance to any forces the Soviets would throw against them. I always wondered how quickly that was dismantled. I guess they still have a navy.