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Sourcing Journal on MSNDefense Spending Bill Boosts US Producers of Military Shoes and GearThe National Defense Authorization Act, which passed in committee on Tuesday, will include the BOOTS Act and new rules ...
The legislation is expected to be introduced as an amendment to the fiscal 2026 National Defense Authorization Act, the annual must-pass bill that sets Congress’ policy and spending priorities ...
The German government will on Wednesday back a 2026 draft budget which includes record investment of 126.7 billion euros ...
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Military Spending Soars Globally Amid Rise In Armed ConflictsIn contrast, defence spending stood at just 3.4 per cent of GDP in 2021. After Russia's invasion in February 2022, the figure spiked to 25.6%, then 36.5% in 2023, and remained elevated in 2024.
Poland leads NATO countries in defence spending, committing 4.1 percent of its GDP, followed by Estonia and the United States at 3.4 percent each, Latvia at 3.2 percent, and Greece at 3.1 percent.
As a whole, alliance members spent 2.61% of NATO GDP on defence last year, according to a NATO estimate. But that number masks big differences in spending among members.
On June 25th members of NATO agreed to raise their target for military spending to 3.5% of gdp, and allocated an extra 1.5% to security-related items (Spain insisted on a loophole).
Israel will raise defence spending by 42 billion shekels ($12.5 billion) in 2025 and 2026, the finance and defence ministries ...
The newly proposed Military PFAS Transparency Act would create a public online dashboard to track clean-ups of cancer-causing chemicals by the Defense Department at hundreds of military ...
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