News

Australia Must Choose Defense or Social Spending, Rabobank Says
Australia confronts a “guns or butter” choice between a bigger defense budget and expanding national disability insurance and ...
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Wicker unhappy with proposed U.S. defense spending, calls budget request “inadequate”
The Senate Armed Services chairman said the gaps in spending will make it more difficult to maintain America’s standing on ...
$8B Navy contract signals continued defense spending boom for Hawaii
The Navy just announced an $8 billion contract that chose five local contractors to compete for work as work on Pacific ...
Germany to Increase Core Defense Spending to 3.5% of GDP by 2029
Germany is planning to lift core defense spending to 3.5% of gross domestic product over the next five years as part of a ...
Japan scraps US meeting after Washington demands more defense spending, FT reports
Japan and other U.S. allies have been engaged in difficult trade talks with the U.S. because of Trump's tariffs.
Boeing wants a bigger slice of Europe's surging defense spending
Boeing expects a "very significant expansion" in Europe over the next decade, executives told a briefing at the Paris Air ...
Australia Says It Will Base Defense Spending on Country’s Needs
Australia’s deputy prime minister said the nation will base defense spending on national interest, amid calls by President ...
US defence firms chase European military spending wave
Despite pledges by many European nations to boost military self-sufficiency, the continent remains heavily reliant on U.S.