Defence equipment procurement In 2023, more than 80% of defence investments, some €61 billion, were allocated to the procurement of new defence products. The growing trend was confirmed in 2024, when ...

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 ...

Audra Plepytė reflected on her experience as ambassador and stressed Trump's cooperation with the Baltic States in her final ...

SINTRA, Portugal — The European Union should continue to issue joint debt to finance the revival of armed forces across the bloc, the head of Lithuania’s central bank said in an interview.

However, the Grand Duchy will stay within EU deficit and debt rules even with higher Nato expenditures, says Scope Ratings ...

THE Philippines and Lithuania have taken a significant step in strengthening their defense partnership with the signing of a memorandum of understanding (MOU), formalizing cooperation in key areas ...

Discover exactly how NATO spending works and what exactly nations are spending their budgets on around the world ...

Elbit Systems' Q1 numbers were strong across the board. Click here to read more about ESLT stock's catalysts, risks, ...

The Philippine defense secretary said that the agreement was part of the Marcos administration’s attempt to build alliances ...

A look at where defense spending stands among NATO: Measured as a portion of GDP, Poland is NATO’s biggest military spender ...

The pact builds on the positive developments in Philippines-Lithuania defense relations and provides a concrete framework for possible cooperation between the two countries. Possible cooperations are ...

Vladimir Putin has announced plans to cut military spending in the long-term due to inflationary pressures. Meanwhile, ...