The Latest Breaking News from Defense Spending

President Joe Biden has signed a nearly $858 billion defense spending bill into law despite his opposition to a Republican-backed provision in the legislation that repeals the COVID-19 vaccination requirement for U.S. troops

Japan’s Cabinet has approved record defense spending next year in preparation for the country deploying U.S.-made Tomahawks and other long-range cruise missiles as part of a more offensive security strategy

Heightened geopolitical tensions have led to an increase in defense spending. The U.S. defense sector has seen a surge in demand thanks to the rising defense budgets of several countries. Therefore, investors could take advantage of the industry tailwinds by investing in fundamentally strong defense stocks Lockheed Martin (LMT), General…

Congressional leaders have unveiled a $1.7 trillion spending package early Tuesday that includes another large round of aid to Ukraine, a nearly 10% boost in defense spending and roughly $40 billon to assist communities across the country recovering from drought, hurricanes and other natural disasters

The defense buildup approved by the government on Friday could see Japan's ranking in terms of defense expenditures rise to third in the world based on planned spending of about 11 trillion yen in fiscal 2027.

The U.S. Senate passed a massive expansion of a northern Nevada naval air base as part of its defense spending bill that is set to finalize a historic transfer of public land to military use

Heightened geopolitical tensions have led to increasing defense spending, boding well for the industry. While we think quality defense stock Lockheed Martin (LMT) could be an ideal addition to your portfolio before the year ends, Boeing Company (BA) might be best avoided now, considering its bleak fundamentals. Read on….

A possible corporate tax hike has become the focus of attention for the government and the ruling parties as they look for a stable source of funds for a planned defense spending increase, according to sources. They also plan to discuss the idea of targeting the corporate tax hike at…

Lawmakers drop journalism act from ‘must-pass’ defense spending bill under pressure from Facebook

An effort to add proposed journalism legislation to an annual “must-pass” defense spending bill was shot down by lawmakers after a public face off with Meta/Facebook over required payments to publishers for online news content.

Prime Minister Fumio Kishida has instructed his defense and finance ministers to earmark a total of about 43 trillion yen for defense spending under the nation's Medium Term Defense Program over the five years from fiscal 2023.