New Zealand’s government announced in its 2026 budget unveiled on Thursday that it will increase defence spending by nine percent, with Finance Minister Nicola Willis stating the country is facing its “most adverse” security environment in 80 years.

Military spending across Asia and Oceania recorded its fastest annual growth in more than a decade in 2025, reflecting rising geopolitical tensions and shifting security priorities.

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.

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.

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.

U.S. President Donald Trump issued a stern warning to Spain on Wednesday after Prime Minister Pedro Sánchez declined to commit to NATO's newly proposed goal of allocating 5% of GDP to defense spending by 2035.

Prime Minister Keir Starmer pledged on Monday that the United Kingdom will construct up to a dozen new nuclear-powered attack submarines, prepare its army for potential conflict in Europe, and transform into "a battle-ready, armor-clad nation."

Lawmakers in Germany’s lower legislative house, the Bundestag, on Wednesday approved a massive defense spending bill that could position Germany to rival Russia for military dominance on the continent.

Defence stocks saw a significant rise in early trading as Europe prepares to boost its military spending to ensure peace in Ukraine.