The Latest Breaking News from Defense Spending

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,…

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.

Germany’s finance minister has vowed to lift the country’s defense spending to 3.5% of gross domestic product in 2029

World leaders are gathering in the Netherlands for the start of a historic two-day NATO summit that could unite the world’s biggest security organization around a new defense spending pledge or widen divisions among the 32 allies

NATO leaders hoping summit will result in commitment to spending 5 percent of GDP on defense amid threats from Russia

NATO leaders are expected to agree by Wednesday that member countries should spend 5% of their gross domestic product on defense

The success of a key NATO summit next week is hanging in the balance

Spain has rejected a NATO proposal to spend 5% of GDP on defense needs that’s expected to be announced next week, calling it “unreasonable.”

Testimony comes after the Pentagon last month unveiled a “skinny budget” for fiscal 2026 with fewer details than typical.