Tags Defense budget

Tag: defense budget

Global Military Spending Hits Record $2.9 Trillion in 2025 Despite U.S. Decline

HMNZS Canterbury loading Army vehicles in the port of Napier. Global defense spending climbed to a record nearly...

France Advances Rocket Artillery and Missile Modernization Program Amid Major Defense Overhaul Toward 2030

The above image is for representational purposes only. France is edging toward a key...

Italy’s GCAP Fighter Costs Surge to €18.6 Billion

Italy’s spending commitment to the tri-national Global Combat Air Programme (GCAP) has risen sharply over the past...

Italy’s Defense Budget Surge Raises Questions Over Reclassified Spending

Italy has boosted its reported defense budget by €14 billion ($16.3 billion) this year by adjusting what...

EU Approves €1.5B Defense Plan to Boost Military Ties With Ukraine

European Union lawmakers voted on Tuesday to strengthen defense industry cooperation between the bloc and Ukraine, at...

Denmark Boosts Defense: New F-35 Jets, Arctic Patrols & Air Defense Upgrades

Denmark has announced plans to acquire 16 more F-35 fighter jets, enhance its air defense systems and...

Germany to Invest €35B in Space Defense by 2030 Amid Rising Global Threats

Germany plans to allocate €35 billion ($41 billion) toward space-focused defense initiatives by 2030, aiming to strengthen...

Slovenia Scraps Defense Spending Referendum Amid €695M Armored Vehicle Deal

In a shift in policy, Slovenian authorities have decided to abandon a referendum plan concerning the country's...

Germany Approves Major Military Procurement Reform to Boost Defense Spending

Germany's coalition government has approved a major reform aimed at streamlining its military procurement process, a move...

Germany’s $21.4B Ammunition Plan Signals Major Military Shift by 2037

Germany's armed forces, the Bundeswehr, have pledged over $21.4 billion toward ammunition procurement by 2037, marking a...

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Europe Could Achieve Defense Independence With €500 Billion Plan

A group of five leading German defense investors, analysts, and industry figures has argued that Europe could...

Latvia Defense Minister Resigns After Ukrainian Drone Strike

Latvia’s defense minister has stepped down after Ukrainian drones once again entered the country’s airspace and struck...

France Deploys Charles de Gaulle Carrier Group Toward Strait of Hormuz

France has sent the carrier strike group built around the Charles de Gaulle into the Red Sea...

NATO Pushes Faster AI-Driven Intelligence Sharing Amid Rising Global Threats

Growing geopolitical tensions are fueling greater demand for commercially sourced intelligence, but NATO must modernize its outdated...