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BAE Systems has hiked its profit and sales guidance, as the British defence giant cashes in on an increase in military ...
Europe’s increased defense spending may please the US and enrich its defense industry, but it risks militarization without ...
It comes as the United States — NATO’s biggest-spending member — shifts ... Some countries are already squeezing welfare and foreign aid spending to channel extra funds into their military budgets. On ...
New research shows that even with modest reductions in military funding, the United States would keep a whole lot of carbon ...
NATO members have agreed to more than double their defense spending in a move widely lauded as a historic step toward a more equal security relationship between the United States and its European ...
NATO and Russia have found themselves opposed for decades in one of the most consequential standoffs in military history. While Russia is home to one of the largest nuclear arsenals and a massive ...
NATO members have agreed to a new defense spending goal of 5% of each country’s economic output by 2035, more than doubling the previous figure of 2%. It’s an ambitious timeline that includes… ...
Measured as a portion of GDP, Poland is NATO’s biggest military spender and is the only country in the alliance to spend more than 4%. Estonia also surpasses the U.S. by GDP at more than 3.4%.
During the meeting in the Hague, NATO moved its members’ defense-spending pledge to 5 percent of GDP, which includes 3.5 percent on military spending and an additional 1.5 percent on defense ...
In a statement, called the Hague Declaration, members also say: "We reaffirm our ironclad commitment to collective defence".
The US leader characterized the decision to increase core defense spending to 3.5% from 2% three years ago a 'big win.' ...
A POLITICO analysis reveals telling gaps between the big spenders near Eastern Europe and those further from Russia, who are ...