The Latest Breaking News from Defense Spending

The Senate 2023 defense spending bill would boost the Navy budget for ships built largely by the constituents of senior appropriators.

(This July 22 story corrects first paragraph to show war about to enter sixth, not fifth, month)

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…

Japanese Prime Minister Fumio Kishida is expected to announce an increase in defense spending at a summit next week with U.S. President Joe Biden, TV Asahi said on Friday.

Dynamics for a spending agreement this year are there, but history also says election years lead to delays and stopgap bills.