All articles tagged with #military spending
President Donald Trump proposed increasing U.S. military spending to $1.5 trillion in 2027 to build a 'Dream Military,' amid ongoing military operations and geopolitical ambitions, including potential territorial takeovers and increased defense contractor scrutiny.
Russia's defense sector has seen a significant boost with increased military spending and employment, but signs of slowdown are emerging in 2025 due to sanctions, financial strains, and structural issues, raising questions about the sustainability of its military output.
France has announced plans to build a new nuclear-powered aircraft carrier, the Porte-Avions Nouvelle Génération (PA-NG), scheduled for completion in 2038 to replace the aging Charles de Gaulle, with a focus on strengthening naval capabilities despite financial strains, involving significant investment and increased defense spending.
The US Congress has passed a $901 billion defense bill for fiscal 2026, supporting Ukraine with $800 million, bolstering European security, and including provisions to strengthen military readiness, despite some political disagreements and culture war measures.
European countries are significantly increasing their military budgets in response to Russian threats and American unpredictability, with the European Commission launching a €150bn fund that has attracted applications from 19 countries, including Poland requesting €43.7bn.
The world's largest arms producers saw a 5.9% revenue increase in 2024, reaching a record $679 billion, driven by heightened demand from conflicts in Ukraine and Gaza, with notable growth in Europe, the US, and Russia, while Asia and Oceania experienced a slight decline due to issues in China's arms sector.
Denmark plans to acquire long-range, high-precision weapons to deter Russia, marking a significant shift in its defense policy amid increased tensions and recent large arms purchases, while also addressing geopolitical issues involving Greenland and Ukraine.
Taiwan estimates that China spent $21 billion on military exercises in the Pacific region last year, nearly 40% more than in 2023, reflecting Beijing's expanding military footprint and activities in areas including the Taiwan Strait, South China Sea, and beyond, with significant increases in naval and air operations. The report highlights concerns over China's military expansion and regional stability.
NATO countries currently spend less on military than on health or education, but a new 5% GDP defense target by 2035 could lead 21 of them to prioritize military spending over education, driven by geopolitical tensions and increased re-militarization efforts in Europe.
President Emmanuel Macron announced a significant increase in France's military budget to enhance national and European security amid rising global threats, including Russia, and a perceived decline in U.S. support, emphasizing the need for Europe to be self-reliant and formidable.
French President Emmanuel Macron announced plans to increase military spending by €6.5 billion over two years, citing unprecedented threats to European freedom from Russia, conflicts, and disinformation, with a goal to bolster France's defense capabilities and strengthen European security alliances.
French President Macron has announced plans to increase France's defence budget by €6.5 billion over the next two years to strengthen national security and military capabilities.
The US Senate Armed Services Committee has approved $500 million in security assistance for Ukraine in the draft 2026 NDAA, amid reports that President Trump may announce a new aid package of $500 million, as tensions with Russia and internal US political debates continue over support for Ukraine.
The article discusses NATO's decision to increase defense spending, driven by US President Trump, and explores the complex US-Russia-Ukraine relations, highlighting Trump's diplomatic approach and NATO's military and economic strategies, with an emphasis on the geopolitical implications and US arms exports.
European countries are planning to nearly double their military spending over the next decade to boost their defense industries, but they face challenges in developing high-end alternatives to U.S. military technology like the F-35, leading to a strategic debate between building domestic capabilities and maintaining reliance on American technology. A mixed approach is emerging, balancing increased investment with continued dependence on U.S. defense systems, amid concerns about future access to critical software and technology updates.