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The Latest Breaking News from Defense Spending

Japan to forgo setting ceiling on next year's defense spending - Nikkei

Japan will forgo setting a ceiling on defense spending in next fiscal year's annual budget, the Nikkei newspaper reported on Saturday, highlighting Tokyo's interest in boosting defense at a time of tension with its powerful neighbour China.

Reuters

2 Defense Stocks to Beat the Bear Market

With a hawkish Fed and rising recession risk, there are very few areas for investors to find outperformance. One option is defense & aerospace stocks as these companies' revenues are pretty insulated from economic or monetary policy. Read on to find out why Lockheed Martin (LMT) and Northrop Grumman (NOC)…

StockNews.com

Marijuana & Military Troops: House Lawmakers Approve Two Cannabis-Related Measures

House lawmakers approved two amendments to a must-pass defense spending bill concerning marijuana-related issues in the U.S. military. The House Armed Services Committee passed both measures on voice votes during a markup of the National Defense Authorization Act (NDAA).

Benzinga

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Defense spending battle lines - Roll Call

CQ Roll Call’s David Lerman and Peter Cohn delve into the bipartisan NDAA bill that upped the ante on defense spending.

Roll Call

4 Defense Stocks to Buy With Rising Geopolitical Tensions

The rising geopolitical tensions in eastern Europe have led to increased defense spending in the United States. Moreover, with new members joining NATO, American defense contractors are expected to benefit. Hence, prominent defense stocks Lockheed Martin (LMT), Northrop Grumman (NOC), Boeing (BA), and Raytheon (RTX) might be the ones to…

StockNews.com

Political Pulse / Concerned public, not gaiatsu, now drives strong security policies

Japan has been both cautious and passive about evolving its security policy for a long time. Japan has a well-known history of being forced to change its policies by gaiatsu (foreign pressure) from the United States. Even though gaiatsu hasn't disappeared, we are now heading into a new era in…

The Japan News/Yomiuri

Economic, fiscal reform draft hints at spending 2% of GDP for defense

Much attention was focused on how the draft of the government's economic and fiscal reform policy would refer to an increase in defense spending. Released Tuesday, the draft of the Basic Policy on Economic and Fiscal Management and Reform ultimately did not specify the range of increase, but did refer…

The Japan News/Yomiuri

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German parties reach deal to move ahead with defense boost

Germany’s governing coalition and the main opposition party have reached a deal to move ahead with a big increase in defense spending that Chancellor Olaf Scholz announced three months ago

The Independent UK

Govt to discuss 'substantial' increase in defense budget

The government and ruling parties plan to begin full-scale discussions to boost the country's defense budget in the next fiscal year and beyond, after Prime Minister Fumio Kishida told U.S. President Joe Biden during the pair's summit in Tokyo on Monday that Japan will secure "a substantial increase" in its…

The Japan News/Yomiuri

Japan PM to unveil boost in defense spending at Biden summit -TV Asahi

Japanese Prime Minister Fumio Kishida is expected to announce an increase in defense spending at a summit next week with U.S. President Joe Biden, TV Asahi said on Friday.

Reuters

Conflicting incentives for quick election-year spending deal - Roll Call

Dynamics for a spending agreement this year are there, but history also says election years lead to delays and stopgap bills.

Roll Call

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