The Latest Breaking News from Defense Spending

Japan doubles down on defense and U.S. alliance with an eye on China

Japan plans to double defense spending and deepen cooperation with the U.S.

Axios · Jan 13, 2023

Biden, Kishida to discuss Japan 'stepping up' security

The U.S. and Japan are ready to seal an agreement to bolster U.S.-Japanese cooperation on space

The Independent UK · Jan 13, 2023

Congress trims funding for Pentagon ‘chem-bio’ programs

WASHINGTON — The latest defense spending law would subtract about 7% from the president’s request for numerous Pentagon chemical and biological defense programs on the grounds that they need to be more effectively executed.

Tribune News Service · Jan 12, 2023

Chinese military sends 71 planes near to Taiwan and blames U.S. for "provocation"

Beijing slammed the U.S. for passing a defense spending bill that included provisions for Taiwan.

Axios · Dec 26, 2022

China Blasts US Defense Bill While Taiwan Welcomes It

China blasted an annual US defense spending bill for hyping up the “China threat" while Taiwan welcomed the legislation, saying it demonstrated US support for the self-governing island that China says must come under its rule. “China deplores and firmly opposes this US move,” the Foreign Ministry said in a…

Asharq Al-Awsat · Dec 24, 2022

China blasts US defense bill while Taiwan welcomes it

China has blasted an annual U.S. defense spending bill for hyping up the “China threat” while Taiwan welcomed the legislation, saying it shows U.S. support for the self-governing island that China says must come under its rule

The Independent UK · Dec 24, 2022

Biden signs defense bill that repeals troop vaccine mandate

President Joe Biden has signed a nearly $858 billion defense spending bill into law despite his opposition to a Republican-backed provision in the legislation that repeals the COVID-19 vaccination requirement for U.S. troops

The Independent UK · Dec 23, 2022

Tomahawks part of Japan's record defense spending next year

Japan’s Cabinet has approved record defense spending next year in preparation for the country deploying U.S.-made Tomahawks and other long-range cruise missiles as part of a more offensive security strategy

The Independent UK · Dec 23, 2022

The 3 Hottest Defense Stocks to Buy for 2023

Heightened geopolitical tensions have led to an increase in defense spending. The U.S. defense sector has seen a surge in demand thanks to the rising defense budgets of several countries. Therefore, investors could take advantage of the industry tailwinds by investing in fundamentally strong defense stocks Lockheed Martin (LMT), General…

StockNews.com · Dec 20, 2022

Lawmakers unveil bill to avoid gov't shutdown, boost Ukraine

Congressional leaders have unveiled a $1.7 trillion spending package early Tuesday that includes another large round of aid to Ukraine, a nearly 10% boost in defense spending and roughly $40 billon to assist communities across the country recovering from drought, hurricanes and other natural disasters

The Independent UK · Dec 20, 2022