defense spending

Netherlands Rebuilds Tank Fleet After 2011 Phase-Out

Since phasing out all its Leopard 2A6 main battle tanks in 2011, the Netherlands is restoring a dedicated armored force amid growing regional security challenges.

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Germany Says Willing to ‘Follow’ Trump on 5% NATO Spending Goal

Germany's foreign minister said Berlin was willing to "follow" US President Trump's demand for NATO to ramp up its defense spending target.

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EU Allocates $1B Under European Defence Fund to Boost Industry

The EU allocated $1.02 billion under the 2024 European Defence Fund to bolster Europe’s defense industry and selected successful proposals.

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US Wraps Up Testing of Advanced Military Communication System for Taiwan

Taiwan’s Ministry of National Defense announced that its new military communication system has completed testing in the US and is expected to be delivered to the island nation soon.

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New Zealand to Replace Old Helo Fleet for $1B, Boost Defense Spending

New Zealand has allocated 2 billion New Zealand dollars ($1.19 billion) to replace aging maritime helicopters.

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General Dynamics Wins $12B US Navy Deal for Two More Virginia-Class Subs

General Dynamics has secured a $12.4-billion contract to support the production of two Virginia-class attack submarines for the US Navy.

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Keysight to Deliver Radar, Electronic Warfare Simulators to NATO

NATO has awarded a contract to Keysight Technologies for the delivery of radar target generators and electronic warfare simulators.

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General Dynamics Secures $728M US Army Deal for Insensitive Munitions

General Dynamics has been awarded a $728-million contract to provide the US Army with an unspecified number of 120mm Insensitive Munition High Explosive – Tracer rounds.

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Global Military Spending Hits $2.718 Trillion, Highest Since Cold War: Report

Global military spending reached $2.718 trillion in 2024, marking a 9.4 percent increase over 2023, the largest rise since the Cold War.

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Japan Flexes Hypersonic-Killing Railgun for First Time

Japan has pulled the curtain back on its much-hyped electromagnetic railgun — an experimental weapon built to knock hypersonic threats out of the sky.

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