defense spending

Taiwan to Begin Mass Production of Indigenous Sky Bow Missiles in Q2

Taiwan is eyeing the mass production of its domestically developed Sky Bow III, IV, and V missiles, known locally as Tien Kung, during the second quarter of 2026.

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Taiwan Eyes 1,600 Unmanned Attack Vessels Under $39.8B Defense Plan

Taiwan has announced plans to produce up to 1,600 unmanned attack surface vessels under a proposed special defense budget of $39.8 billions.

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Irish Defense Minister Announces Hike in Military Spending

Ireland's defense minister announced a 55-percent hike in military spending, including in counter-drone technology.

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EU Gives Germany Free Pass Over Defense Spending

Germany will escape EU punishment for breaking the bloc's budget rules because of a defense spending exemption.

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Taiwan’s President to Propose $40B in Extra Defense Spending

Taiwanese President Ching-te said his government will propose $40 billion in additional defense spending over eight years.

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Denmark Orders 44 More CV90 IFVs From BAE Systems

Denmark has placed an order for 44 additional CV9035 MkIIIC infantry fighting vehicles (IFVs) from BAE Systems, building on a 2024 order of 115 CV90s.

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Macron Pledges $4B to French Military as ‘Brutal’ Space Front Intensifies

French President Macron announced $4.8 billion in additional military space spending through 2030.

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South Korea Says to ‘Move Forward’ on Nuclear Subs With US

South Korea will "move forward" with the United States in building nuclear-powered submarines, President Lee Jae Myung said Friday, after a long-awaited security and trade agreement was finalized.

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‘The War of Tomorrow Will Begin in Space’: Macron

Modern conflicts are already being fought in space and the next wars will begin there, French President Emmanuel Macron said Wednesday, singling out the threat posed by Russia and announcing a multi-billion euro increase in spending on military activities in space.

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Saudi Arabia Nears Quarter of Defense Spending Localized, Aims for 50% by 2030

Saudi Arabia's military spending localization reached 24.8 percent last year, bringing Riyadh closer to its target of 50 percent by 2030.

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