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.

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, ...

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

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

The Philippines signed a defense cooperation agreement with Lithuania on Monday, June 30, establishing a "strategic-level" partnership between two countries separated by thousands of miles but facing ...

A new Trump presidency and the Ukraine war have pushed Germany to change its constitution to spend more on its military.

With Sweden and Finland now under NATO’s formal umbrella, this regional grouping has emerged not as a quiet coalition, but as ...

German leaders intend to ramp up defense spending and build the most powerful armed forces in Europe, but shadows of World ...