Israel will raise defense spending by 42 billion shekels ($12.5 billion) in 2025 and 2026, the country’s finance and defense ministries said on Thursday, just…
Posts tagged as “Defense spending”
Türkiye’s defense sector, closely watched by the world, is going through a historic transformation while simultaneously advancing the number of key strategic projects, including the…
Italy, along with other NATO members, has recently agreed to increase defense spending sharply over the next decade. However, the government of Prime Minister Giorgia…
Türkiye backs NATO’s decision to more than quadruple its defense spending target to 5% of GDP by 2035 and is already surpassing the previous standard…
Incoming Germany’s chancellor, Friedrich Merz, pressed lawmakers Tuesday to approve a massive defense and infrastructure spending package, citing the need to bolster the country against…
German Finance Minister Christian Lindner laid out plans for the country to increase defense funding and sees scope for up to 9 billion euros ($9.7…
European nations have injected billions into defense spending and military aid since Russia’s invasion of Ukraine nearly two years ago but analysts opine the continent’s…
The total defense spending of individual member countries of the European Union is on track to reach a record 270 billion euros ($295 billion) in…