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NATO allies have reportedly agreed to hike their defense spending to 5% of gross domestic product (GDP) by 2035. One chart shows what a big ask that is.
British Prime Minister Keir Starmer pledged to boost overall defence and security spending to 5% of economic output by 2035 to meet a NATO target, with his government warning it must "actively prepare ...
A senior MoD official said that the budget exceeds the last equipment deficit, but there is no clarity on the requirements setout in the SDR.
French President Emmanuel Macron has announced $7.6 billion euros in additional military spending over the next two years.
The UK and its NATO allies have agreed to increase spending on defence and related areas to 5% of GDP by 2035, two diplomatic sources with knowledge of the deal have told Sky News.
The UK’s National Security Strategy brings together the recently released Strategic Defence Review (SDR), Strategic Security Review, AUKUS Review and Industrial and Trade Strategies. At the same time, ...
Sir Keir Starmer said the UK is set to increase spending on defence, security and resilience to 5% of GDP by 2035 to meet an "era of radical uncertainty" - but without promising any additional cash.
UK Aims To Slash Defense Procurement Times is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
LONDON — U.K. Prime Minister Keir Starmer and German Chancellor Friedrich Merz signed a landmark treaty on Thursday that ...
Germany will raise defence spending to 3.5% of economic output by 2029 funded through a nearly 400 billion euro borrowing programme, sources said on Monday, as Chancellor Friedrich Merz aims to ...
Nato leaders agreed to ramp up defence spending to 5% of their countries’ economic output by 2035 at a summit in The Hague, Netherlands, on June 25. US president Donald Trump, who has spent ...
The release of a new UK national industrial strategy includes defence at one of eight areas to boost growth.