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Tag: GDP target

Italy May Reject €27B EU Defense Funding Amid Energy Crisis

Italy is weighing whether to withdraw from a second EU-backed defense funding initiative, potentially giving up nearly...

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...

Italy Defense Budget 2025: €31.3B Boost, F-35 & Tank Upgrades

Italy’s defense ministry has revealed that the country will spend €31.3 billion ($36.2 billion) on defense in...

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Canada Selects TKMS Type 212CD in Historic Submarine Deal

The above image is for representational purposes only. German naval shipbuilder ThyssenKrupp Marine Systems...

Thales Acquires Exail in €3.9B Underwater Defense Deal

French defense company Thales has agreed to acquire a 35.5% stake in underwater robotics specialist Exail Technologies...

United Kingdom Commits £63 Billion to Nuclear Modernization Drive

The British government has confirmed plans to invest more than £63 billion ($84 billion) in its nuclear...

Germany Expands Arrow Missile Defense Shield With New Bavaria Site

Germany is moving ahead with the expansion of its emerging missile defense network by establishing a second...