The Latest Breaking News from Defense Spending

Japan’s defense spending would increase more than 16% next year under a record military budget that is intended to accelerate the deployment of long-range cruise missiles that can hit targets in China or North Korea

The rise in geopolitical tensions and an increasingly polarized world are prompting countries to ramp up their defense spending. Therefore, fundamentally strong defense stocks Brady (BRC), Huntington Ingalls Industries (HII), and Cadre Holdings (CDRE) could be wise portfolio additions now. Read more….

Speaker Mike Johnson pushed for more defense spending and against a military vaccine mandate as a member of the Armed Services Committee.

Rising interest rates, geopolitical turmoil, a hawkish Fed, and the highest uncertainty in years have investors scrambling for safety. Wars in Ukraine and the Middle East and a bifurcation of the world’s nuclear powers suggest that worldwide defense spending will rise, making the sector a haven for investors looking for…

The House can't do legislative business until it elects a new speaker. Their growing to-do list includes keeping the government open, as well as policy issues like Ukraine aid and defense spending.

US president urges action as Kamala Harris says one in five Americans have lost family member to gun violence

Increasing geopolitical tensions have resulted in a heightened demand for improved defense capabilities, leading to increased defense spending and the rapid development of advanced technologies. In such a scenario, air defense stocks Boeing Co. (BA) and CACI International (CACI) should benefit from industry tailwinds, but which stock is sending a…

Conference fails to approve procedural motion to take up defense spending bill as government shutdown looms

Five GOP lawmakers joined with Democrats to tank a move to bring up the $826.4 billion fiscal 2024 Pentagon bill on the House floor.