Tag:

Defense Spending

Australia eyes record peace-time defense spending expansion

Australia will increase military spending by 53 billion Australian dollars ($38.1 billion) over the next 10 years under its 2026 National Defense Strategy (NDS), announced on Thursday.

16 Apr 2026-09:19
China’s defense budget set to hit $275B in 2026

China’s defense budget is expected to grow by about 7 percent in 2026, according to a draft budget report submitted to the national legislature for review on Thursday.

05 Mar 2026-11:55
Denmark boosts defense spending to 3.5% of GDP by 2030

Denmark has officially announced a substantial increase in funding for the security sector in response to the most significant external threats in decades.

24 Feb 2026-22:09
US pushes allies to raise defense spending and open industries

16 Jan 2026-23:50
BAE Systems tops FTSE 100 as defense stocks extend rally

BAE Systems led advances on the FTSE 100 during early trading, becoming the benchmark index’s top performer after U.S. President Donald Trump pledged to sharply boost military spending.

08 Jan 2026-14:52
Canada joins EU initiative to boost defense spending

02 Dec 2025-01:00
Denmark to increase Arctic defense spending by $4.26 billion

Greenland's government announced on Friday that Denmark will invest 27.4 billion Danish crowns ($4.26 billion) to enhance its military presence in the Arctic, aiming to address criticism from U.S. President Donald Trump regarding Greenland's defense capabilities.

10 Oct 2025-20:47
Japan eyes larges-ever defense budget

Japan’s defence ministry has announced plans to request a record-breaking budget, with a significant portion earmarked to expand its drone capabilities.

29 Aug 2025-11:01
European NATO allies to meet 2% defense spending goal together for the first time

For the first time, NATO's European allies and Canada are expected to collectively meet the alliance’s defense spending target of 2% of GDP this year, according to figures released on Thursday. This milestone comes as member states begin preparing to increase their investments further, aiming for the alliance's new goal of 5%.

28 Aug 2025-21:35
US European commanders back NATO 5% GDP spend goal

On Tuesday, June 24, the leaders of NATO’s 32 member countries convened in The Hague for a two-day summit, during which all members—except Spain—pledged to raise their defense spending to 5% of GDP by 2035.

26 Jun 2025-19:45

Prev Next