Defense Spending

Taiwanese President William Lai Ching-te on Thursday announced a proposed defense budget of $19.76 billion in U.S. dollars for the 2025 fiscal year.

During an interview with CBS News on Thursday, U.S. Ambassador to NATO Julianne Smith stated that Presidents Obama, Trump, and Biden have all “pushed” NATO members to boost their defense spending to 2% of GDP and Trump does deserve “credit” for

South Korea and Saudi Arabia signed a memorandum of understanding to jointly research and develop new weapons technology.

The Commerce Department’s monthly report on factory orders is the latest evidence that U.S. manufacturing has bottomed and may even be rebounding.

Japan’s defence ministry on Thursday announced it will seek a record $53 billion budget for the next fiscal year on the back of regional tensions driven by an increasingly assertive China and unpredictable North Korea.

During an interview with Bloomberg on Tuesday, Estonian Prime Minister Kaja Kallas called on NATO members to step up their defense spending and meet their commitments on the issue, especially because the U.S. has elections coming up and this means it’s

Germany will likely overtake the UK in total military spending before the 30s, a report by one defence think-tank has claimed.

China’s defense budget for 2023 will be unveiled on Sunday at the National People’s Congress (NPC) half of the annual “Two Sessions” legislative event.

We’re still awash in data showing January was a month of unexpectedly strong growth and resurgent inflation.

Germany is reportedly considering diverting green agenda cash aimed at reducing coal power to the defence industry, amid the war in Ukraine.

The British military’s supply of ammunition would run dry in just one day in a direct engagement with Russia as a result of years of spending cuts to the nation’s defence, a former top general has warned.

Britain’s armed forces are no longer able to play a full role in NATO or defend the homeland after years of cutbacks, according to British defence sources, with a senior American general warning London that it has a “barely tier two” force.

Defense contractors are raking in millions of dollars as the Biden administration pledges to continue supporting Ukraine for “as long as it takes.”

On Monday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Rep. Matt Gaetz (R-FL) discussed the prospect of cuts to defense spending and argued that American national defense can be more efficient and effective and that because we have had

On Monday’s broadcast of the Fox News Channel’s “Fox & Friends First,” Rep. Tim Burchett (R-TN) stated that there is a problem with increasing defense spending because “the military-industrial complex is real. I mean, we’re spending money on things that

On Tuesday’s broadcast of the Fox Business Network’s “Kudlow,” Sen. Mike Braun (R-IN) stated that the omnibus bill is an example of the “unholy alliance” where Republicans agree to increases in domestic spending for boosted defense spending and argued that

Taiwan on Thursday debuted a defense budget that would increase military spending by 13.9 percent over 2021 spending, a considerably higher increase than suggested by legislators – but still not nearly enough to counter the threat of a Chinese invasion, according to defense analysts.

Defense stocks have outperformed the market in the wake of the Russian invasion of Ukraine, according to a recently published report.

On Sunday, left-wing activist and filmmaker Michael Moore pushed for defense spending to address things such as the “climate catastrophe,” white supremacy and the coronavirus.

On Thursday’s broadcast of MSNBC’s “Morning Joe,” Rep. Alexandria Ocasio-Cortez (D-NY) stated that progressives are “pacing ourselves right now” because they “want to bring down the military budget” and want things like a $15 minimum wage, and expanding Medicare. Ocasio-Cortez

LONDON (AP) — British Prime Minister Boris Johnson has given his backing to what is being touted as the biggest investment program in the country’s armed forces since the end of the Cold War three decades ago.

During Tuesday’s CNN Democratic presidential debate, 2020 Democratic presidential candidate Sen. Elizabeth Warren (D-MA) called for cuts in the Department of Defense’s budget and argued that the U.S. needs to “think about our defense in very different ways” and “depend

A group of South Korean protesters angered by American demands for more defense spending expressed their anger on Friday by destroying portraits of U.S. Ambassador Harry Harris outside the U.S. embassy.

“They want us to bankrupt ourselves, that’s the goal,” said Ret. Gen. Robert Spalding of China’s plan to usurp America’s global position.

German politicians on Tuesday threatened to expel U.S. Ambassador Richard Grenell over his sharp criticism of Germany’s low defense spending. Grenell took Germany to task for failing to meet its own spending goals, let alone its commitment to the North Atlantic Treaty Organization (NATO).

The Japanese government announced on Tuesday that it will deploy aircraft carriers for the first time since World War II as part of a defense strategy that will involve purchasing a great deal of American military hardware, a course of action U.S. President Donald Trump has strongly urged.

Boeing, the second biggest beneficiary of United States Defense Department government contracts, is outsourcing manufacturing and about 3,000 jobs to India.

President Donald Trump on Saturday hit out at countries that rely on the U.S. “subsidizing” their military capabilities, pointing to Saudi Arabia, as well as Japan and South Korea as culprits. In doing so he linked them to NATO allies in Europe that rely on U.S. defense capabilities while neglecting their own.

South Korea’s Unification Ministry announced on Tuesday that it will spend 1.1 trillion won (about $993 million) on cross-border initiatives with North Korea next year, an increase of 14.3 percent over current spending.

China condemned the new U.S. Defense Act signed by President Donald Trump on Monday, claiming it will exacerbate tensions between the two countries already fighting a bitter trade war. 

President Donald Trump on Tuesday heralded the $33 billion increase in NATO allies’ spending but added that his Monday meeting with Russian President Vladimir Putin.

China’s state-run Global Times was very taken with President Donald Trump’s declaration on Twitter that “NATO countries must pay MORE, the United States must pay LESS” because the current situation is “very unfair!” The United States spending less on defense sounds like a fabulous idea to aggressive expansionist China.

Hungary has pledged to increase its defence spending after President Donald J. Trump pressured allies to pay their fair share during the alliance’s summit on Wednesday.

Germany’s defense minister has deflected attention from her country’s failure to meet NATO defense-spending obligations, insisting Tuesday that Germany is already doing enough for NATO in other ways without spending 2 percent of GDP on defense.

ABOARD A MILITARY AIRCRAFT — Defense Secretary Jim Mattis on Sunday vowed to clean up problems found by the Pentagon’s first building-wide audit.

Defense Secretary James Mattis told congressional Republicans at their annual retreat in West Virginia Thursday that he is increasing defense spending to strengthen the military.