defense spending
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Jun- 2025 -20 JuneEurope
NATO 5% Spending Target ‘Unreasonable’ for Spain: PM
Any NATO target to ramp up defense spending to five percent of annual economic output would be "unreasonable" for Spain, Prime Minister Pedro Sanchez said.
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19 JuneAir
Lithuania to Acquire Embraer’s C-390 Millennium Transport Aircraft
Lithuania's Ministry of National Defence has selected Embraer’s C-390 Millennium as the country’s next military transport aircraft.
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17 JuneAir
Serbia Borrows $2.2B From French Banks for Rafale Jets
The Serbian Parliament on Monday voted to allow the state to borrow $2.2 billion from several French banks to finance the purchase of 12 Rafale fighter jets.
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12 JuneAir
Lockheed Strikes F-35 Deal in Portugal Despite Jet Purchase Doubts
Lockheed Martin has signed a strategic agreement with a Portuguese industry group to explore opportunities for local participation in the F-35 program.
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11 JuneAmericas
US Army Taps Oshkosh for $27.6M Boost to Medium Trailer Fleet
The US Army has awarded Oshkosh Defense a $27.6-million contract for a new batch of Medium Equipment Trailers, strengthening its investment in ground logistics.
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11 JuneEurope
EU to Propose Streamlined Defense Procurement Regulations
The European Commission will propose new measures aimed at giving EU governments greater flexibility in defense procurement.
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11 JuneAsia Pacific
Pakistan Boosts Defense Budget by 20% After India Clashes
Pakistan announced to raise its defense spending by 20 percent between 2025 and 2026 following recent deadly clashes with India.
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10 JuneAir
Poland Cancels S-70i Black Hawk Helicopter Deal
Poland has canceled its plans to purchase 32 S-70i Black Hawk helicopters for the Polish Armed Forces, citing a shift in defense spending priorities.
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10 JuneAmericas
Skyways Lands $37M USAF Deal to Mass-Produce Cargo Drone
Texas-based aerospace firm Skyways has secured a $37-million contract from the US Air Force to advance its V3 autonomous cargo drone from prototyping to full-rate production.
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10 JuneAmericas
Canada to Hit 2% Defense NATO Spending Target This Year: Carney
Canada will reach NATO's defense spending target of two percent this year, Prime Minister Carney announced.
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