The Latest Breaking News from Defense Spending

President Trump’s $1.7 trillion budget proposal slashes domestic spending to its lowest share of GDP since the 1960s while prioritizing military, border security, and a sweeping tax reform agenda.

The White House made official Friday that President Donald Trump wants the first ever $1 trillion defense budget.

Europe’s plan for spending more on defense is finding previously unimaginable political backing

Prime Minister Pedro Sánchez said Spain will meet NATO’s defense spending target this year as pressure grows on the eurozone’s fourth-largest economy and NATO laggard to boost its military expenditure

A new report from Taxpayers for Common Sense found that lawmakers pushed to add $15 billion the Pentagon didn't request to defense prorams.

Sweden’s prime minister says his government wants to ramp up defense spending to a target of 3.5% of the Nordic country’sgross domestic product, marking its largest military buildup since the Cold War

Also: Tariffs could have “flexibility," Trump continues to undermine judges.

When a $400 drone can destroy a multi-million-dollar tank, defense departments need to radically rethink their procurement.

The prospective next German government’s plans to enable higher defense spending by loosening strict debt rules and to set up a huge infrastructure fund that’s aimed at boosting Europe’s biggest economy have cleared their final parliamentary hurdle with approval by the upper house

Military service leaders are telling senators that passing a temporary budget that keeps defense spending largely flat will hurt readiness and efforts to modernize the force

BAE Systems stock has soared 45% this year as rising defense budgets and major government contracts fuel growth.