Tags Military spending

Tag: military spending

Rheinmetall Cuts 2026 Sales Outlook After Frigate Program Cancellation

German defense contractor Rheinmetall has reduced its financial forecast for 2026 after the German government scrapped a...

Austria Plans 9-Month Military Service Amid Rising Security Threats

The above image is for illustrative purposes only. Austria's coalition government has announced plans...

Italy Rejects Funding U.S. Weapons for Ukraine

Italy has reaffirmed that it will not contribute funds toward the acquisition of American-made weapons destined for...

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...

EU Defense Efforts Deter Near-Term Russian Threat, Estonia Reports

Russia is unlikely to launch an attack on any NATO country within the next two years, partly...

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 Approves €7B Defense Procurement, Eurofighters Lead Military Upgrades

Germany’s parliament has approved a defense procurement package exceeding €7 billion ($8.14 billion), with new combat aircraft...

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...

France Restarts SCALP/Storm Shadow Missile Production to Boost European Defense

On July 9, 2025, France announced it will restart production of the SCALP/Storm Shadow cruise missile after...

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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Belgian Navy Advances rMCM Mine Warfare Programme

Speaking at the recent Navy Leaders event at Combined Naval Event (CNE) 2026, Commander Pierre Van Engeland,...

Babcock Expands Arrowhead 140 Push in Asia-Pacific

Babcock Chief Executive for Marine, Sir Nick Hine, outlined the company’s growing international ambitions in an...

USS Theodore Roosevelt Ready for MQ-25A Drone Operations

The USS Theodore Roosevelt has become the first U.S. Navy aircraft carrier equipped with an Unmanned Air...

Helsing, Rakuten Team Up on Japan Drone Deal

The above image is for illusatrative purposes only. German defense technology company Helsing has...