The Latest Breaking News from Defense Spending

Japan is planning for a massive increase in defense spending driven by the threat from China, breaking a decades-long taboo over the build-up of armed forces following its defeat in 1945.

WASHINGTON — The Senate Appropriations Committee’s new defense spending bill would add $4 billion to the Navy budget — money the Navy did not seek and much of which the Armed Services and House Appropriations panels did not approve — for warships built largely by the constituents of senior appropriators.

House lawmakers approved two amendments to a must-pass defense spending bill concerning marijuana-related issues in the U.S. military. The House Armed Services Committee passed both measures on voice votes during a markup of the National Defense Authorization Act (NDAA).

CQ Roll Call’s David Lerman and Peter Cohn delve into the bipartisan NDAA bill that upped the ante on defense spending.

The rising geopolitical tensions in eastern Europe have led to increased defense spending in the United States. Moreover, with new members joining NATO, American defense contractors are expected to benefit. Hence, prominent defense stocks Lockheed Martin (LMT), Northrop Grumman (NOC), Boeing (BA), and Raytheon (RTX) might be the ones to…

Japan has been both cautious and passive about evolving its security policy for a long time. Japan has a well-known history of being forced to change its policies by gaiatsu (foreign pressure) from the United States. Even though gaiatsu hasn't disappeared, we are now heading into a new era in…

Much attention was focused on how the draft of the government's economic and fiscal reform policy would refer to an increase in defense spending. Released Tuesday, the draft of the Basic Policy on Economic and Fiscal Management and Reform ultimately did not specify the range of increase, but did refer…

Germany’s governing coalition and the main opposition party have reached a deal to move ahead with a big increase in defense spending that Chancellor Olaf Scholz announced three months ago

The government and ruling parties plan to begin full-scale discussions to boost the country's defense budget in the next fiscal year and beyond, after Prime Minister Fumio Kishida told U.S. President Joe Biden during the pair's summit in Tokyo on Monday that Japan will secure "a substantial increase" in its…