Tags Military spending

Tag: military spending

Global Defense Industry Booms as Spending Surges

The above image is for representational purposes only. The global defense industry reached another...

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...

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Kallas Scraps EU Defense Advisory Group Amid Opposition

EU foreign policy chief Kaja Kallas has abandoned plans to establish a high-level advisory panel on European...

Sweden Approves $733M HIMARS Deal

Sweden has approved the acquisition of Lockheed Martin’s M142 High Mobility Artillery Rocket System (HIMARS) in a...

Trump Seeks Europe Repayment for Ukraine Military Aid

U.S. President Donald Trump said Thursday that he intends to seek reimbursement from European countries for military...

Global Defense Industry Booms as Spending Surges

The above image is for representational purposes only. The global defense industry reached another...