The Latest Breaking News from Defense Spending

WASHINGTON — The Senate Appropriations Committee’s new defense spending bill would add $4 billion to the Navy budget — money the Navy did not seek and much of which the Armed Services and House Appropriations panels did not approve — for warships built largely by the constituents of senior appropriators.

The Senate 2023 defense spending bill would boost the Navy budget for ships built largely by the constituents of senior appropriators.

(This July 22 story corrects first paragraph to show war about to enter sixth, not fifth, month)

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.

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)…

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).

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

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…

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…

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…

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