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The Latest Breaking News from Defense Spending

A new compromise defense authorization bill calls for a higher level of defense spending than President Donald Trump requested for the current fiscal year. CQ Roll Call’s John M. Donnelly, Aidan Quigley and David Lerman assess the new bill and what it means for the defense appropriations process. Show Notes:

Roll Call

Taiwan announces special budget of $40 billion for arms purchases to bolster defense

Taiwan’s President Lai Ching-te says he will put forth a special $40 billion budget for arms purchases, including to build a Taiwan Dome, an air defense system with high-level detection and interception capabilities, in the face of U.S. pressure for the island to increase its defense spending

The Independent UK

Germany presented its newly developed Leopard 2A8 tank

Germany unveiled its new Leopard 2A8 tank as the EU announced fresh defense spending, with the first units set for testing in 2026 and several European countries already placing orders.

Euronews

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Taiwan to up defense spending and develop Iron Dome-inspired missile protection — expert warns one well-placed Chinese missile could make it 'impossible to get a new iPhone for three years'

An expert from the Taiwan NSTC Hsinchu Science Park Bureau estimates that a single missile strike could disrupt iPhone production for three years, with another suggesting that such an event could result in a 6% to 10% contraction of the global GDP.

Tom’s Hardware

South Korean president calls for aggressive AI spending in budget speech

South Korean President Lee Jae Myung called for tripling government spending artificial intelligence infrastructure and technology in a budget speech to the legislature

The Independent UK

America's $30 Trillion Publicly Held Debt Is 42 Times Larger Than It Was in 1980

Democrats defend every entitlement and dream up new benefits. Republicans demand more defense spending and still more tax cuts.

Reason

Hegseth welcomes Japan's arms spending increase, says US-Japan alliance key to deter China

U.S. Defense Secretary Pete Hegseth has welcomed Japan's commitment to accelerate its military buildup and defense spending

The Independent UK

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South Korea's president calls for more self-reliant military as questions arise about US commitment

South Korea’s president has vowed to sharply increase defense spending to introduce a variety of high-tech weapons as part of efforts to build a more self-reliant military

The Independent UK

Markets cashed in on the war in Ukraine but may like peace with Russia even more, top analysts say

Russia has broken 190 different “deals” over Ukraine since 1994, so it is unlikely that Europe will stop preparing for future action from Moscow.

Fortune

Russia's Latest Moves Signal Preparation For 'Protracted' War With NATO, Expert Says in Dire Warning

As the Kremlin moves to increase defense spending and change laws surrounding troop mobilization, experts are warning that these are signals Russia is preparing for a "protracted" war not only with Ukraine, but with NATO as well.

Latin Times

House adopts rule for crypto, Defense bills - Roll Call

The House on Wednesday finally mustered the votes to adopt a rule governing floor debate on crypto bills and the Defense spending bill.

Roll Call

Crypto, Defense bills back on track after Oval Office talk - Roll Call

Three cryptocurrency bills and the Defense spending bill appeared ready for House floor action after stalling out for much of Tuesday.

Roll Call

Senate NDAA would hike defense spending by $32 billion - Roll Call

The Senate’s defense policy bill would authorize an extra $32.1 billion for national security spending above what the Pentagon sought.

Roll Call

This Red-Hot Drone Stock Just Got a $2.7 TRILLION Boost

This article highlights a rapidly rising drone company that has received a major $2.7 trillion boost in its industry growth outlook.

Barchart

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Kiplinger

The Best Aerospace and Defense ETFs to Buy

The best aerospace and defense ETFs can help investors capitalize on higher defense spending or hedge against the potential of a large-scale conflict.

Barchart

With Geopolitical Tensions Running Hot, Buy This Dividend Stock

While geopolitical tensions have eased somewhat after the ceasefire between Iran and Israel, many countries are expected to increase their defense spending in the coming 10 years.

Barchart

This Defense Stock Could Be the Next Palantir. Should You Buy It Now?

As defense spending soars across the world, the path to further upside for this stock remains.

International Business Times

How Trump Finally Learned To Love NATO -- For Now

It will go down as the summit where US President Donald Trump learned to stop worrying and love NATO. Trump reveled in gushing praise from leaders in The Hague -- including being called "daddy" by alliance chief Mark Rutte -- and a pledge to boost defense spending as he had…

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Benzinga

NATO's New 5% Target For Defense A Win for Trump; Carney Turns To Critical Minerals

NATO's 32 member states agreed to increase defense spending to 5% of GDP by 2035, representing a significant increase from the long-standing 2% benchmark.

The Independent UK

The Latest: NATO leaders agree on spending hike, vow to defend each other

NATO leaders agreed on Wednesday on a massive hike in defense spending after pressure from U.S. President Donald Trump, and expressed their “ironclad commitment” to come to each other’s aid if attacked

Roll Call

Takeaways: Defiant Team Trump defends Iran strikes at NATO summit - Roll Call

President Trump wrapped a NATO summit by defiantly defending his Iran strikes and changing his tune about alliance members' defense spending.

The Independent UK

NATO boss praises ‘Dear Donald’ for pushing alliance to boost defense spending: ‘You made this change possible’

Secretary General Mark Rutte credits Trump with pushing for ‘concrete plan’ to have member nations spend at least five percent of GDP on defense

Radio France Internationale

NATO summit kicks off in The Hague amid unity calls, protests, and sabotage fears

World leaders met in The Hague on Tuesday for the start of the 2025 NATO summit. The goal was to show unity and support a major increase in defence spending as global security threats grow. But the first day was overshadowed by doubts about the US commitment to NATO itself,…

Benzinga

Trump Made 'Europe…Pay In A Big Way:' NATO Chief Lauds Role In Boosting Defense Spending

Mark Rutte, the NATO Secretary-General, has extended his appreciation to President Donald Trump for his significant contribution to the escalation of European defense spending.

The Independent UK

Ukrainian President Zelenskyy sidelined as NATO leaders meet to agree defense spending boost

Ukrainian President Volodymyr Zelenskyy is looking on from the sidelines as NATO leaders meet to agree a significant boost in defense spending that is spurred by Russian aggression

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