The Latest Breaking News from Defense Spending

EU introduces 'ReArm Europe' plan to borrow €150 billion for defense in response to US aid suspension to Ukraine.

EU proposes 'REARM Europe' package with 800 billion euros to enhance defense capabilities and reduce reliance on U.S. support.

In a bold move that has rattled political circles, Keir Starmer announced the largest increase in defense spending since the Cold War during a fiery Commons debate.

UK Prime Minister announces defense spending increase to 2.5% of GDP by 2027, emphasizing support for Ukraine and NATO alliance in response to European ins...

British PM Keir Starmer announces plans to increase defense spending, emphasizing strong alliances and potential growth to 3% of GDP. This move reflects a ...

President Trump and Polish President Duda reaffirm strong alliance at CPAC meeting, discussing defense spending and regional challenges.

Shadow Defense Minister James Cartlidge has made an urgent call for the UK Government to increase defense spending and urgently place procurement orders.

The Danish government has announced plans to bolster its military by setting up a 50 billion-kroner ($7 billion) fund that it says will raise the country’s defense spending to more than 3% of gross domestic product this year and next

British military equipment maker BAE Systems on Wednesday announced a five percent rise in annual net profit, boosted by government defence spending amid the war in Ukraine.