News
Australia refines its defense strategy and investment plan
1+ mon, 2+ week ago (476+ words) CHRISTCHURCH, New Zealand " Australia issued updates for two pivotal planning documents this week " its National Defence Strategy 2026 and Integrated Investment Program 2026 " while simultaneously promising a boost in defense spending. Defence Minister Richard Marles pledged defense accounts would receive an additional…...
Allies surpassed the US in military budget purchasing power last year, new report shows
3+ week, 3+ day ago (340+ words) VIENNA " America's allies now outspend it in purchasing power-adjusted defense budgets, a new analysis by the Economist shows. Using data on global defense budgets collected annually by the Stockholm International Peace Research Institute, SIPRI, the London-based weekly calculated that American…...
Global defense spending hits a new record" again | Defense Dollars
1+ mon, 2+ day ago (45+ words) Defense News Global defense spending hits a new record" again | Defense Dollars A tally of international defense spending shows continued budget increases around the globe. Plus, the Air Forces orders up more advanced fighters....
Australia signals greater defense investment, but is urgency still lacking?
1+ mon, 2+ week ago (1038+ words) KUALA LUMPUR, Malaysia " Australia's revised National Defence Strategy, released last week, promises increased defense spending and greater self-reliance, but no dramatic change in approach commensurate with a changing security situation, according to analysts. Malcolm Davis, senior analyst at the Australian…...
New UK minister touts defense industry as Britain's growth engine
8+ mon, 3+ week ago (345+ words) LONDON " As the U. K. is boosting military spending, the government is allocating additional funds to the local industry along with plans to bring foreign contractors to Britain, according to Luke Pollard, the nation's recently appointed minister for defense procurement and industry....