Russia’s full-scale invasion of Ukraine pushed military spending worldwide to $2.46 trillion in 2024, representing a 7.4% ...

The US Navy's shipbuilding problems are widespread and not easily solvable, and many of its top programs are over budget and ...

We want to raise defense spending. I think we have to have it,’ the president told Fox News in a recent interview ...

The defence expenditure as a percentage of GDP and national expenditure has been falling in recent years. Considering the ...

Also, U.S. Defence Secretary Pete Hegseth on Wednesday made the first trip to NATO by a member of the new Trump administration ...

The initial plan calls for $4.5 trillion in tax cuts and at least $1.5 trillion in spending reductions, along with an ...

While some governments opt to spend less money on defense in favor of other sectors such as healthcare, education, and ...

President Donald Trump said he wants to increase the amount of money for the US military, a goal that runs counter to efforts from his top ally — Elon Musk — to slash trillions of dollars of federal ...

U.S. President Donald Trump turned his sights on defense spending, saying his government efficiency tzar, Elon Musk, would ...

U.S. Defense Secretary Pete Hegseth will on Wednesday become the first member of the new Trump administration to visit NATO, where the allies are keen to understand how America now ...

In calendar year 2013, military spending declined from $671 billion to $619 billion, in constant 2011 dollars. In dollar terms, this was the largest decline since 1991. The reduction in U.S ...

2026 budget submission in May or June? USNI News: The Navy’s top budget officer says he expects the Trump administration to ...