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The Latest Breaking News from Defense Spending

Poland To Increase Defense Spending In 2025 Budget

Poland's 2025 budget prioritizes defense spending to strengthen national security and contribute to global stability.

The Defense Industry is Flush With Cash. Here's 1 Way to Invest.

The world is not a peaceful place; there are 110 armed conflicts underway currently. That's why global military expenditure grew 7% to $2.43 trillion in 2023, the steepest annual rise since 2009. The leading 15 global defense contractors are now on pace to generate free cash flow of $52 billion…

Barchart · Aug 27, 2024

Trump Criticizes NATO's 2% Defense Spending Target As Too Low

Former President Trump criticizes NATO's 2% defense spending target, sparking debate on collective security and resource allocation within the alliance.

Mixed Reactions To Trump's Comments On Taiwan Defense Spending

Former President Trump's comments on Taiwan's defense spending spark mixed reactions. Taiwan emphasizes commitment to defense amid China threat.

Taiwan Increases Defense Spending Amid Growing China Threats

Taiwan's Foreign Minister stresses self-reliance in defense, highlighting increased spending and strong US partnership amid geopolitical tensions.

Gen. Jennie Carignan Becomes First Female Canadian Military Commander

Gen. Jennie Carignan becomes the first woman to lead the Canadian Armed Forces, marking a historic milestone for gender equality in the military.

Why Nato is losing patience with Canada, Justin Trudeau

Despite its strong economy and significant contributions in other areas, Canada’s military budget falls short of the Nato target, frustrating allies and raising concerns about the country's commitment to collective defense.

The Times of India · Jul 9, 2024

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3 Aerospace & Defense Stocks to Secure Your Portfolio

The aerospace and defense industry is poised for tremendous growth driven by rising geopolitical tensions and increased defense spending. Hence, quality aerospace stocks, Textron (TXT), Elbit Systems (ESLT), and Lockheed Martin (LMT) might be worth buying for a secured portfolio. Read more….

StockNews.com · Jul 3, 2024

Ride the Wave of Rising Defense Spending With These 3 Stocks

The defense industry is set to grow with increased defense budgets globally, driven by geopolitical tensions and technological advancements like AI in warfare. Investors could consider top defense stocks like Northrop Grumman (NOC), TransDigm Group (TDG), and Lockheed Martin (LMT) to take advantage of this trend. Keep reading.

StockNews.com · Jun 25, 2024

NATO Secretary General Credits Trump For Increased Member Contributions

NATO Secretary General Stoltenberg praises Trump's efforts, highlights progress in European defense spending, and emphasizes the need for unity in the face...

NATO Allies Boost Defense Spending Amid Russia-Ukraine Conflict

NATO sees record number of member nations meeting defense spending target amid Russia-Ukraine conflict. Efforts to support Ukraine and address security con...

A record number of NATO allies are hitting their defense spending target during war in Ukraine

NATO Secretary-General Jens Stoltenberg says a record more than 20 NATO member nations are hitting the Western military alliance’s defense spending target this year as Russia’s war in Ukraine has raised the threat of expanding conflict in Europe

The Independent UK · Jun 17, 2024

NATO secretary says two-thirds of alliance will meet defense spending goal amid Trump threats

Trump has previously said he would encourage Russia to ‘do whatever the hell they want’ with countries who didn’t meet the spending goal

The Independent UK · Jun 17, 2024

DJI drone ban passes in U.S. House — 'Countering CCP Drones Act' would ban all DJI sales in U.S. if passed in Senate

The Countering CCP Drones Act, a part of the U.S.'s 2025 annual defense spending act, has passed in the House of Representatives. A successful passage through the Senate in the coming weeks would ban all DJI sales in the U.S.

Tom’s Hardware · Jun 16, 2024

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Canada Boosting Military Spending To Meet NATO Guidelines

Canada is ramping up defense spending to meet NATO's 2% GDP target by 2029, with a focus on Arctic security and modernization efforts.

Roll Call · Jun 10, 2024

Defense spending schism - Roll Call

Caroline Coudriet and David Lerman preview the coming battle over defense spending in debates over the annual defense authorization bill.

Congressman Waltz Reflects On D-Day Commemoration And NATO Concerns

Congressman Waltz reflects on emotional moments, NATO defense spending, unity in combat, and shared responsibility in defense efforts.

International Business Times · May 31, 2024

GOPs In Disagreement Over Defense Spending: To Increase Or Not?

GOP legislators have their own battles when it comes to increasing defense spending.

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Senator Calls For Generational Investment In Defense Spending

Senator Roger Wicker advocates for a billion boost in defense spending to counter adversarial threats and enhance national security.

StockNews.com · May 28, 2024

3 Defense Stocks to Buy With Bullish Sentiment

The defense sector is expected to thrive due to the ongoing geopolitical conflicts worldwide, considerable investments in technology, and higher defense spending by nations worldwide. Against this backdrop, investors could look to add fundamentally strong defense stocks such as MSA Safety (MSA), Textron (TXT), and General Dynamics (GD) to their…

UK's Cameron Urges Increased NATO Spending And Tougher Stance

British Prime Minister calls for increased defense spending and unity among NATO allies to address global security challenges.

China Defends Transparent Defence Spending Amid Economic Data Dispute

China reaffirms accuracy and transparency of economic data and defense spending, addressing skepticism and emphasizing reliability.

Australia Plans Billion Defense Boost With Missiles And Drones

Australia boosts defense spending by billion to acquire missiles, drones, and warships, enhancing national security and readiness.

Reason · Apr 15, 2024

U.S. Defense Spending Continues To Spiral Out of Control

Increased spending does not automatically equate to higher quality—something that is often lost in this debate.

USAFacts · Apr 11, 2024

How much does the US spend on the military?

Since 1980, defense spending has risen by 62%, climbing from $506 billion to $820 billion by 2023, after adjusting for inflation.

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