NATO members will be expected to spend 3.5% of their GDP on core defence such as troops and weapons – the items currently ...

Germany’s finance minister has vowed to lift the country’s defense spending to 3.5% of gross domestic product in 2029.

The Defense Futures Simulator (DFS) is an interactive online tool designed to empower scholars, policymakers, and practitioners to create and analyze defense strategies and budgets. DFS allows users ...

The UK's Ministry of Defence (MOD) is gradually shifting its spending from the US to Europe, according to research from Tussell.… Tussell found that MOD expenditure with private contractors grew ...

Officials of the Ministry of Defence are learnt to have acknowledged the slow absorptive capacity for capex, especially in ...

Ministry Of Defence Budget: Ibrahim Admonishes World Parliament. Story by Our Correspondents • 57m. T he senator representing Ondo South Senatorial Dis­trict since 2023, Jimoh Ibra­him, has ...

UK military budget must rise by 56%, Ministry of Defence calculations say on whatsapp (opens in a new window) Save John Paul Rathbone, Sylvia Pfeifer and Lucy Fisher in London.

Defence Secretary John Healey tells MPs the UK needs "stronger deterrents" to avoid the huge costs that wars create.

The US Department of Defense's (DoD) budget for FY2024, approved by the US Congress, will be slightly affected by inflation, which will limit spending capacity for training and simulation technology.

Defence spending has jumped since the war began on Oct. 7, 2023 when Hamas gunmen attacked Israel. The budget deficit in 2024 reached 6.9% of GDP although it has since eased to 5.1% in April.

Defence spending at 3% of GDP by 2034 is a firm commitment, John Healey has said. The Government has previously set out its “ambition to reach 3% in the next parliament”, after meeting its ...

A Ministry of Defence spokesperson said: “This government has announced the largest sustained increase to defence spending since the end of the Cold War – 2.5 per cent by 2027 and 3 per cent ...