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The Latest Breaking News from Defense Spending

Trump’s strikes on Iran could upend delicate plans for NATO summit deal on defense spending

NATO leaders hoping summit will result in commitment to spending 5 percent of GDP on defense amid threats from Russia

The Independent UK

NATO leaders are set to agree a historic defense spending pledge, but the hike won't apply to all

NATO leaders are expected to agree by Wednesday that member countries should spend 5% of their gross domestic product on defense

The Independent UK

The success of a key NATO summit is in doubt after Spain rejects a big hike in defense spending

The success of a key NATO summit next week is hanging in the balance

The Independent UK

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Spain rejects NATO’s anticipated defense spending increase as 'unreasonable'

Spain has rejected a NATO proposal to spend 5% of GDP on defense needs that’s expected to be announced next week, calling it “unreasonable.”

The Independent UK

Hegseth gets bipartisan pushback for defense spending strategy - Roll Call

Testimony comes after the Pentagon last month unveiled a “skinny budget” for fiscal 2026 with fewer details than typical.

Roll Call

Europe’s defense buildup will fall short unless one big problem is solved: Randstad CEO

European nations are dramatically increasing defense spending, but that alone won’t be enough.

Fortune

NATO set to commit to five percent defense spending goal amid threats from Trump

‘I assume that in The Hague we will agree on a higher defense spending target of in total five percent,’ said NATO Secretary General Mark Rutte

The Independent UK

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Germany's Merz inaugurates a historic new brigade in Lithuania and pushes for security spending

German Chancellor Friedrich Merz has traveled to NATO partner Lithuania to inaugurate a German brigade meant to protect the alliance’s eastern flank in the face of mounting worries about Russia

The Independent UK

NATO weighs a US demand to massively hike defense spending as some struggle to meet the current goal

NATO foreign ministers are debating a U.S. demand to massively ramp up defense investment to 5% of gross domestic product over the next 7 years

The Independent UK

Trump’s New Budget Slashes $163 Billion in Non-Discretionary Defense Spending to Lowest Level Since the 1960s

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.

Barchart

Defense budget increase hinges on reconciliation success - Roll Call

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

Roll Call

Trump's threats gave Europe the political will to spend more on defense. But challenges are ahead

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

The Independent UK

Spain to reach NATO's spending goal of 2% of GDP on defense this year

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

The Independent UK

Hill wants $15 billion for weapons Pentagon didn't seek: report - Roll Call

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

Roll Call

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The Independent UK

Sweden plans largest military buildup since the Cold War amid Russia threat and uncertain US-EU ties

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

Fortune

Marco Buti: Europe’s defense spending is a move towards ‘strategic autonomy’ from the U.S.

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

Fortune

Meet the startups hoping to help Europe counter Russia, without America's help

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

The Independent UK

German parliament's upper house gives final approval to huge defense and borrowing package

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

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The Independent UK

Military leaders warn of risks to armed forces' readiness in temporary funding bill

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

Barchart

As Stock Market Crash Fears Swirl, This 1 Company Offers an Unexpected Opportunity to Win

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

The Independent UK

Germany's prospective new government struggles to win support for defense, infrastructure plans

Germany’s Greens say they won't support the prospective next government’s plans to loosen debt rules for defense spending and draw up a huge infrastructure investment fund

The Fashion Central

Keir Starmer Is the Leader We Need in a Dangerous World—Here’s Why We’re Safer with Him!

A Labour government pushing for increased defense spending and benefit cuts isn’t exactly what voters might have expected, but these are no ordinary times.

The Guardian - UK

First Thing: Russia launches wave of strikes across Ukraine

Strikes follow European leaders committing to a huge boost in defense spending. Plus, another of Elon Musk’s Starship rockets explodes within minutes of take-off

The Independent UK

Trump, tariffs and potential defense spending surge overshadow European Central Bank meeting

The impact of a potential trade war with the United States and massive increases in European defense spending and government borrowing are looming over Thursday’s policy meeting at the European Central Bank

The Independent UK

Germany to ease government debt limits in major step aimed at boosting economy, defense spending

The two political parties expected to form the next German government have agreed to significantly loosen the country’s constitutional restriction on borrowing, enabling 1 trillion euros ($1.08 trillion) or more in new borrowing and spending on defense and infrastructure

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