Defense Economics

Military Spending Military Expenditure Military Budgeting Military Budgets Military Budget GDP Military Contracts Military Investment Military Funding Government Spending

NATO Endorses 5% GDP Defense Spending Target Despite Spanish Opt-Out

Experts warn success now depends on accelerated U.S. arms production to equip allies for expanded defense roles.

NATO Adopts 5% of GDP Defense Spending Target by 2035, Faces Member Objections

Putin Announces Russia Ready for New Istanbul Talks Despite Irreconcilable Blueprints

Japan Cancels July Security Talks After US Demands Higher Defense Budget

Taiwan Bolsters Drone Capabilities With Sea Drone Demonstration and Auterion Pact

Turkey Lands Over $10 Billion Contract to Export 48 Kaan Fighter Jets to Indonesia

Pentagon Chief Calls on Indo-Pacific Allies to Boost Defense Spending Against China

South Korea Set to Sign $6 Billion K2 Tank Deal With Poland

Putin Approves Naval Strategy Aimed at Restoring Russia’s Maritime Power

NATO Ministers Propose 5% of GDP Defense Spending Target

NATO Ministers Weigh 5% GDP Defense Spending Target in Brussels

Israel’s 2024 Defence Exports Top $15 Billion Despite Gaza War Criticism

Jamie Dimon urges US to stockpile guns and drones instead of bitcoin

India’s Defence Production to Grow Sixfold as Budget Rises Nearly Fivefold by 2047

Former UK Civil Service Chief Warns of Escalating Global Conflict and Urges Defence Overhaul

Former NATO Leaders Urge Europe to Lead Alliance as US Withdraws

NATO Edges Toward 5% Defense Spending Agreement Ahead of June Summit

NATO Ministers Discuss 5% Defense Spending Framework Under U.S. Pressure

U.S. Congress Notified of $131 Million Maritime Domain Awareness Sale to India

Global Military Spending Hits Record $2.7 Trillion in 2024, Driven by Conflicts and Tensions