Economics ❯ Defense Spending

Budget Allocation

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New Zealand Opens Talks With Australia and U.K. on Replacing Aging Frigates

The step fits a plan to lift defense spending to fix aging ships.

China Sets 2026 Defense Budget at 1.94 Trillion Yuan, Up 6.9%

Ireland Unveils First Maritime Security Strategy, Moves to Bolster Naval Powers

FCAS Faces Overhaul as Airbus Confirms Rift and Governments Mull New Paths

Ukraine Reports $45 Billion in 2025 Support as Defense-Industry Funding Jumps

Auditor General Finds Military Recruitment Falling Short as Base Housing Deteriorates

South Korea Pledges Massive Defense R&D to Reach Top-Four Status by 2030

Hegseth Launches Pentagon Barracks Task Force With 30-Day Plan Deadline

Pentagon Hits Initial Golden Dome Architecture Deadline as Feinberg Receives First Briefing

Defence Ministry Reviews IAF Plan for 114 Made-in-India Rafale Jets

Poland Advances Korea Defense Ties With Rocket JV, Submarine Offer and K2 Tank Production Plan

South Korea’s Military Faces 50,000-Troop Shortfall After Force Shrinks 20%

India Receives Second GE-F404 Engine, Sets Stage for Tejas Mk-1A Production Surge

UK Pledges £15bn Boost to Nuclear Deterrent and Submarine Fleet to Counter Russia

UK Details Defence Strategy With Plan for 12 Nuclear Attack Submarines

India Greenlights Indigenous AMCA Project as Air Chief Flags Chronic Defence Delays

UK to Establish Modern 'Home Guard' to Protect Critical Infrastructure

Spain Advances Defense Modernization with Record Feindef 2025 and Key Procurement Deals

Lockheed Martin Shifts Focus to Upgraded F-35 After NGAD Loss

UK and New Zealand Expand Defence and Trade Partnership in London Talks