defense spending – The Defense Post

May- 2026 -

13 May

President Donald Trump speaks to reporters as Defense Secretary Pete Hegseth stands behind him

Pentagon Says US Cost of Iran War Nearing $29 Billion

The Pentagon said the cost of the war with Iran had climbed to $29 billion, as President Trump faced mounting scrutiny over the conflict.

8 May

Europe

Giulia Bernacchi

European Commission Clears Poland as First SAFE Defense Loan Recipient

The European Commission has approved Poland’s Security Action for Europe loan request, making it the first EU state to clear the process.

Apr- 2026 -

27 April

Asia Pacific

Christine Casimiro

Australia Invests $855M in Nearly 300 Bushmaster Vehicles, Upgraded Trucks

Australia has committed to investing $855 million to enhance the Australian Defence Forces’ ground vehicle fleet.

14 April

Europe

Christine Casimiro

Estonia Halts $589M IFV Replacement, Shifts Funds to Drones and Air Defense

Estonia is halting a 500-million Euro program to replace infantry fighting vehicles, prioritizing drones, air defense, and uncrewed systems.

8 April

Air

Christine Casimiro

Belgium Orders Five Cessna SkyCouriers for Special Operations

Belgium has awarded Textron Aviation a contract to procure five Cessna SkyCouriers, marking the aircraft’s first military order.

6 April

Europe

Giulia Bernacchi

France Plans Up to 400% Increase in Missile, Drone Stockpiles: Report

France plans to boost parts of its missile and drone stockpiles by up to 400 percent by 2030 under a draft military planning law.

3 April

Americas

Staff Writer With AFP

White House Seeks $1.5 Trillion Defense Budget as Iran War Drives Costs

President Trump asked lawmakers to approve a $1.5 trillion defense budget for 2027, as the US faces rising costs from its war with Iran.

Mar- 2026 -

31 March

Europe

Giulia Bernacchi

EU Sets Up $131M AGILE Fund to Fast-Track Defense Innovation

The European Commission introduced AGILE, a $131-million funding instrument for boosting the development of emerging defense technologies.

30 March

Europe

Giulia Bernacchi

EU Clears Nearly $20B in Defense Funding for France, Czechia

The European Commission has approved financial assistance for Czechia and France under the Security Action for Europe initiative.

30 March

Americas

Canadian Army soldiers stand during the opening ceremonies for North Wind 26 on Camp Makomanai, Japan, Jan. 22, 2026. North Wind is a bilateral U.S. Army Japan and Japan Ground Self-Defense Force winter field training exercise in Hokkaido, Japan—running from Jan. 20–Feb. 3—focused on enhancing bilateral tactics, techniques and procedures for extreme cold-weather conditions and enhancing interoperability and readiness between U.S. and Japanese forces. (U. S. Army photo by Sgt. John Russell)

Giulia Bernacchi

Canada Reaches 2% NATO Defense Spending Target, Unveils New Military Investments

Canada has reached NATO’s 2 percent of GDP defense spending benchmark and announced new military infrastructure investments.

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