The Latest Breaking News from Defense Spending

U.S. President Joe Biden will make a long-delayed visit to close ally Canada this week to express unity on Ukraine and the environment, but is unlikely to make much progress on tougher trade disputes, sources said on Tuesday.

Defense spending has increased due to increased geopolitical tensions with Russia and China. As the government continues to ramp up its defense budget, the U.S. defense industry should experience a rise in demand. Given the growing demand for defense components, adding quality stocks Raytheon Technologies (RTX), Lockheed Martin (LMT), and…

This spring, President Joe Biden is poised to ask Congress for the largest defense budget in history. These budget increases would be on top of an already historically high defense budget.

Lobbyists, meanwhile, are pitching new radars and other homeland defense systems to the Pentagon and Congress.

Texas Republicans in the U.S. House are working with their divided party to eke out a path forward on raising the debt limit.

WASHINGTON — Influential lawmakers from both parties urged the Defense secretary in a letter Tuesday to curtail the department’s submission to Congress of “unfunded priorities lists” — annual requests for billions of dollars in military spending above White House budget proposals.

Influential lawmakers from both parties urged the Pentagon to curtail its requests for billions of dollars above White House budget proposals.

Progressives and ‘America first’ Republicans in Congress both want to re-examine US military budget – but for vastly different reasons

France will boost military spending by more than a third in coming years, President Emmanuel Macron said on Friday, as he unveiled ambitions to transform the French army to deal with the great "perils" of this century. Acknowledging the end of the "peace dividend" of the post-Cold War era, Macron…