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defense-spending

46 stories related to this topic, newest first.

politics1 day ago

Russian budget deficit widens as drone strikes hit fuel supplies

Russian officials told Bloomberg that defense spending has pushed the budget shortfall 50 percent above the full-year forecast. Ukrainian drone attacks have damaged refineries and reduced fuel output, prompting rationing in several regions.

fortune.com
1 source
Lawmakers seek details on $620 million Pentagon loan to firm linked to Trump Jr.rediff.com
politics2 days ago

Lawmakers seek details on $620 million Pentagon loan to firm linked to Trump Jr.

A group of Democratic members of Congress sent a letter requesting information about a Pentagon loan to a company connected to Donald Trump Jr. The lawmakers cited recent reporting by ProPublica on the transaction.

DE
defenseone.com
2 sources
Pentagon reports higher fuel costs and training cutsjurist.org
world3 days ago

Pentagon reports higher fuel costs and training cuts

The Defense Department has recorded a nearly 27 percent rise in average fuel prices since October. The Army has reduced training programs and flight hours to address a multi-billion-dollar shortfall through September.

AB
abcnews.go.com
2 sources
Russian Officials Warn Putin Defense Spending Risks Widening Budget DeficitJapan Times
politics5 days ago

Russian Officials Warn Putin Defense Spending Risks Widening Budget Deficit

Finance Ministry and central bank officials have advised the Kremlin that current defense spending levels could push the budget deficit to unsustainable levels. The officials have proposed cuts to defense outlays.

Japan Times
1 source
House NDAA Draft Requires Certification Before Trump-Class Battleship Fundswashingtonmonthly.com
politics5 days ago

House NDAA Draft Requires Certification Before Trump-Class Battleship Funds

The House version of the fiscal 2027 defense bill authorizes $1 billion for the program but withholds contract awards until the Navy secretary certifies that key technologies are mature. The first three ships are projected to cost $43.5 billion.

Responsible Statecraft
1 source
Germany Increases Defense Spending and Training After Russia Invades Ukraineazernews.az
finance6 days ago

Germany Increases Defense Spending and Training After Russia Invades Ukraine

Germany has raised military recruitment and spending since Russia's 2022 invasion of Ukraine. The Bundeswehr reported a 23 percent rise in enlistments last year. The defense budget is projected to increase nearly 80 percent by 2029.

Cbs News
1 source
Lawmakers Seek to Remove Israel Military Integration Provision From Defense BillAl Jazeera
world6 days ago

Lawmakers Seek to Remove Israel Military Integration Provision From Defense Bill

Two members of Congress plan to strip a section from the annual defense budget that would increase coordination between the U.S. and Israeli militaries. The measure is part of a $1.15 trillion spending bill now moving through committee.

Al Jazeera
1 source
Defense Department awards $9.7 billion contract for software and cloud servicesfrance24.com
politics8 days ago

Defense Department awards $9.7 billion contract for software and cloud services

The Department of Defense announced a five-year agreement for Microsoft software and cloud services. The contract is valued at $9.7 billion. President Trump has previously discussed the vendor's products and held shares in the company.

The Hill
1 source
Ukrainian Drones Disrupt Russian Supply Lines and Advancefrance24.com
politics8 days ago

Ukrainian Drones Disrupt Russian Supply Lines and Advance

Ukrainian forces have expanded drone operations across multiple ranges, slowing Russian territorial gains. Russian spending on the conflict is running ahead of budget projections.

Hot Air
1 source
House Republicans stall on immigration enforcement funding billfortune.com
finance9 days ago

House Republicans stall on immigration enforcement funding bill

A roughly $70 billion measure to fund immigration enforcement through the end of President Donald Trump's term stalled in the House. Progress halted over White House ballroom security funding and a proposed $1.8 billion fund for government-mistreatment claims.

fortune.com
1 source
Senator Links Pentagon Rare Earth Deal to Family BusinessBenzinga
politics9 days ago

Senator Links Pentagon Rare Earth Deal to Family Business

A Democratic senator posted on social media Thursday alleging that a Pentagon contract for rare-earth magnets directed $600 million in taxpayer funds to a company connected to the president's family. The post referenced a ProPublica report on the transaction.

Benzinga
1 source
House Draft Defense Bill Sets $1.15 Trillion Baseline Spendingdailywire.com
world9 days ago

House Draft Defense Bill Sets $1.15 Trillion Baseline Spending

The initial House draft of the 2027 National Defense Authorization Act allocates $1.15 trillion in baseline defense funds. The Pentagon requested $1.5 trillion, leaving a $350 billion gap that would require separate reconciliation legislation.

DE
1 source
Baltic drone incursions prompt EU call for stronger air defensesEuronews
world12 days ago

Baltic drone incursions prompt EU call for stronger air defenses

European Commission President Ursula von der Leyen said recent drone incursions into Baltic airspace are not isolated incidents and reflect a deliberate Russian strategy. Baltic presidents described the violations as tests of European resolve and called for concrete measures beyo…

Euronews
Bloomberg
2 sources
China criticizes Japan’s defense spending increasenippon.com
politics12 days ago

China criticizes Japan’s defense spending increase

Chinese officials expressed opposition to Japan’s higher defense budget during recent diplomatic exchanges. The comments follow Japan’s prime minister stating the country could assist Taiwan if attacked.

Semafor
1 source
Taipei Rally Backs Higher Defense Spending After Parliament Cuts Requestfocustaiwan.tw
politics15 days ago

Taipei Rally Backs Higher Defense Spending After Parliament Cuts Request

Hundreds gathered in Taipei to support increased military funding. Taiwan's opposition-controlled parliament approved two-thirds of the amount President Lai Ching-te requested.

Reuters
1 source
U.S. Bears Brunt of Israel's Missile Defense Coststhehindu.com
finance16 days agoUpdated

U.S. Bears Brunt of Israel's Missile Defense Costs

Pentagon assessments indicate the United States has covered most expenses for Israel's missile defense systems. The findings come from internal reviews of recent defense spending.

LI
The Washington Post
2 sources
Trump Administration Seeks $25 Billion for Golden Dome Missile Defense Planthehindu.com
politics17 days ago

Trump Administration Seeks $25 Billion for Golden Dome Missile Defense Plan

The Trump administration is requesting $25 billion for initial capabilities of a layered missile defense system. Democrats and arms-control groups have criticized the proposal.

Benzinga
1 source
world18 days ago

NATO Secretary General Calls for Steady Defense Spending Increases

NATO's top official urged members to follow through on defense investment targets set at The Hague. The statement came ahead of a foreign ministers meeting in Sweden.

NA
1 source
Republican lawmakers seek to limit troop withdrawals from Europenaturalnews.com
politics18 days ago

Republican lawmakers seek to limit troop withdrawals from Europe

Republican members of Congress are preparing measures to restrict President Trump's planned reductions in U.S. military presence in Europe. The moves follow recent decisions to withdraw thousands of troops without prior congressional notification.

MA
1 source
Poland Seeks to Keep U.S. Troops After Pentagon Cancels RotationDefense News
world19 days ago

Poland Seeks to Keep U.S. Troops After Pentagon Cancels Rotation

Polish leaders expressed concern after the Pentagon canceled a planned nine-month deployment of more than 4,000 U.S. soldiers to Eastern Europe. Officials highlighted Poland's more than $50 billion in U.S. weapons purchases and current hosting of about 10,000 American troops.

Defense News
1 source
Military Leaders Say Training Cuts Loom Without Iran War FundingWashington Examiner
politics20 days ago

Military Leaders Say Training Cuts Loom Without Iran War Funding

Pentagon officials told Congress this week that the Iran war has cost about $29 billion so far. Without a supplemental funding bill, services may reduce training and other activities starting in July.

Washington Examiner
1 source
politics22 days ago

Finland Highlights Arctic Defense Spending as NATO Faces U.S. Pressure

Finnish officials say their country already meets high defense spending levels before joining NATO. The statements come as the Trump administration questions European contributions to the alliance.

washingtontimes.com
1 source
UK Prime Minister Expected to Approve 18 Billion Pound Defense Spending Increasetheolivepress.es
politics22 days ago

UK Prime Minister Expected to Approve 18 Billion Pound Defense Spending Increase

UK officials plan to raise defense spending by 18 billion pounds. The increase comes as the government addresses political challenges.

FI
1 source
U.S. Army Gen. Xavier Brunson Speaks on Sustainment and Allied Cooperation at 2026 LANPAC SymposiumDefense News
finance24 days ago

U.S. Army Gen. Xavier Brunson Speaks on Sustainment and Allied Cooperation at 2026 LANPAC Symposium

Gen. Xavier Brunson delivered the opening keynote at the 2026 Land Forces Pacific Symposium in Honolulu on May 12, stressing that military strength, industrial sustainability and allied collaboration form a "true fortress" in the Indo-Pacific.

Defense News
1 source
CBO Estimates $1.2 Trillion Cost For Proposed Golden Dome Missile Defense Systemwhatthefuckjusthappenedtoday.com
world24 days ago

CBO Estimates $1.2 Trillion Cost For Proposed Golden Dome Missile Defense System

The Congressional Budget Office released a cost estimate of $1.191 trillion over 20 years for a notional National Missile Defense System aligned with the Trump administration's Golden Dome initiative. The estimate centers on a constellation of 7,800 space-based interceptors that…

TH
motherjones.com
whatthefuckjusthappenedtoday.com
3 sources
IDF Strikes 40 Hezbollah Targets in Southern Lebanon Amid Ongoing Ceasefire Violationsjpost.com
politics25 days ago

IDF Strikes 40 Hezbollah Targets in Southern Lebanon Amid Ongoing Ceasefire Violations

Israeli forces conducted strikes and issued evacuation orders in southern Lebanon on Wednesday despite a ceasefire agreed in April 2026. President Donald Trump gave mixed signals on Chinese involvement in Iran talks while predicting sharp economic gains once the conflict ends. Th…

AB
algemeiner.com
jns.org
johnhelmer.net
4 sources
Pentagon Says Iran War Costs Have Risen To $29 Billionnaturalnews.com
politics25 days ago

Pentagon Says Iran War Costs Have Risen To $29 Billion

The Defense Department told Congress the conflict with Iran has cost $29 billion so far, an increase of $4 billion from the previous estimate two weeks earlier. Officials attributed the rise to updated equipment repair, replacement and operational expenses.

FO
1 source
Estimated Cost of US War in Iran Rises to $29 BillionNew York Post
business25 days ago

Estimated Cost of US War in Iran Rises to $29 Billion

A senior Pentagon official told a House subcommittee Tuesday that the estimated cost of the war in Iran has increased to $29 billion from a previous $25 billion figure reported at the end of April. The update came during a hearing on President Trump’s $1.5 trillion budget request…

New York Post
1 source
NATO Secretary General Mark Rutte Visits Montenegro Ahead of Ankara Summitfrance24.com
politics25 days ago

NATO Secretary General Mark Rutte Visits Montenegro Ahead of Ankara Summit

Mark Rutte held talks with Montenegro's president, prime minister and senior ministers on transatlantic security, Western Balkans stability and NATO Summit preparations. Rutte praised the country's contributions to alliance missions and its defense spending above 2 percent of GDP…

NA
1 source
U.S. Allies' Combined Defense Spending Surpasses Pentagon for First Time in Purchasing-Power TermsDefense News
world26 days ago

U.S. Allies' Combined Defense Spending Surpasses Pentagon for First Time in Purchasing-Power Terms

America’s allies in NATO and the Indo-Pacific spent 111 percent of U.S. defense outlays in 2025 when adjusted for purchasing power, surpassing $1 trillion for the first time. The Economist analysis of SIPRI data shows the surge offset a 7.5 percent decline in the Pentagon’s budge…

Defense News
1 source
U.S. Munitions Depleted by Iran Conflict, Senator SaysWashington Examiner
world27 days agoUpdated

U.S. Munitions Depleted by Iran Conflict, Senator Says

A senator on the Armed Services Committee said the United States has used large quantities of munitions including Tomahawks, ATACMS, SM-3, THAAD and Patriot rounds during the conflict with Iran. The senator stated this has reduced military readiness for potential long-term confli…

washingtontimes.com
Washington Examiner
2 sources
Taiwan Parliament Approves Extra Defense Spending Below Government Requestasiaone.com
politics30 days ago

Taiwan Parliament Approves Extra Defense Spending Below Government Request

Taiwan's parliament has approved additional defense funding that falls short of the amount sought by the government. The decision comes amid ongoing tensions with China. Lawmakers allocated resources for military improvements but at a reduced level from what officials proposed.

Reuters
1 source
Poland Agrees With EU to Access €43.7 Billion in Loans for Defensenationalpost.com
world30 days ago

Poland Agrees With EU to Access €43.7 Billion in Loans for Defense

Poland reached an agreement with the European Commission to unlock €43.7 billion in loans designated for defense spending. The deal allows the funds to support record contracts with the country's domestic arms industry. It marks a significant step in Poland's military modernizati…

Bloomberg
1 source
Report by German Defense Executives Estimates €500 Billion Cost for Greater European Military AutonomyDefense News
world30 days ago

Report by German Defense Executives Estimates €500 Billion Cost for Greater European Military Autonomy

A paper published by the Kiel Institute for the World Economy outlines ten central capability gaps Europe must address to act without U.S. military assistance. The authors, including Thomas Enders and René Obermann, estimate that €50 billion annual investment over the next decade…

Defense News
1 source
US Senators Report Progress on Crypto Legislation; Trump Proposes $1.5 Trillion Defense Budgetnaturalnews.com
finance33 days agoUpdated

US Senators Report Progress on Crypto Legislation; Trump Proposes $1.5 Trillion Defense Budget

Senators Tim Scott and Cynthia Lummis highlighted advancements and urgency in passing crypto market structure legislation. Separately, President Donald Trump unveiled a $1.5 trillion defense budget for fiscal year 2027. These developments underscore ongoing legislative and fiscal…

WA
FO
BI
electoral-vote.com
4 sources
US Withdraws 5,000 Troops from Germanythehindu.com
politics34 days ago

US Withdraws 5,000 Troops from Germany

NATO Secretary-General Mark Rutte stated that European leaders have received the message following the announcement of plans to withdraw 5,000 US soldiers from Germany. The move comes amid frustrations over NATO allies' support in an ongoing Middle East conflict. European officia…

AJ
SK
japantimes.co.jp
3 sources
US Withdraws 5,000 Troops from Germanyjapantimes.co.jp
politics35 days ago

US Withdraws 5,000 Troops from Germany

The Pentagon has decided to withdraw 5,000 U.S. troops from Germany following a review, with the process expected to take six to 12 months. Senior Republican lawmakers criticized the move as risking deterrence against Russia, while NATO seeks clarification and European officials…

The Bbc
The Hill
The Guardian
Politico
4 sources
Pentagon Withdraws 5,000 Troops from Germanyuctoday.com
world36 days ago

Pentagon Withdraws 5,000 Troops from Germany

The Pentagon has announced plans to withdraw 5,000 troops from Germany, a move described as foreseeable by German officials. Germany's defense minister emphasized mutual benefits of the U.S. presence in Europe and the need for Europeans to take more security responsibility. The d…

The Washington Times
The Independent
MA
3 sources
Pentagon to Reduce U.S. Troops in Germany by 5,000BBC News
politics35 days agoUpdated

Pentagon to Reduce U.S. Troops in Germany by 5,000

The U.S. Defense Department announced the pullout of roughly 5,000 troops from Germany, ordered by Secretary Pete Hegseth, amid tensions with Chancellor Friedrich Merz over the Iran war. The move leaves more than 30,000 troops in place and follows a review of European force postu…

Npr
Cnbc
Bloomberg
ZE
The New York Times
+31
37 sources
Trump Hosts Oil Executives at White House to Discuss Energy Impacts of Iran Conflictyardbarker.com
politics39 days ago

Trump Hosts Oil Executives at White House to Discuss Energy Impacts of Iran Conflict

President Trump convened oil and gas executives at the White House to discuss energy fallout from the ongoing Iran war, including high gasoline prices and global market shocks. Defense Secretary Pete Hegseth prepares for congressional testimonies on military spending and war oper…

Axios
Abc News
cnbc.com
KO
SE
+20
25 sources
U.S. Military Costs Approach $1 Billion Daily in Iran WarSubstrate placeholder — needs review
politics41 days ago

U.S. Military Costs Approach $1 Billion Daily in Iran War

The United States has increased weapons usage in the ongoing war in Iran, with daily costs nearing $1 billion. A national security correspondent reported that expenses include non-financial elements. Officials have noted high levels of military resource consumption due to the con…

The New York Times
1 source
U.S. Air Force Allocates Nearly $1.7 Billion for B-1 and B-2 Bomber Maintenanceinterestingengineering.com
world42 days ago

U.S. Air Force Allocates Nearly $1.7 Billion for B-1 and B-2 Bomber Maintenance

The U.S. Air Force is directing nearly $1.7 billion toward maintaining its B-1 Lancer and B-2 Spirit bombers. This includes $342 million for B-1 upgrades through 2037 and $1.35 billion for B-2 improvements over the next five years. The funding aims to extend the operational life…

MA
1 source
U.S. Defense Department Seeks to Replenish Depleted Weapons StocksSubstrate placeholder — needs review
world43 days ago

U.S. Defense Department Seeks to Replenish Depleted Weapons Stocks

The U.S. Defense Department is working to restock weapons and munitions depleted by recent military actions and commitments. This effort follows the U.S. involvement in the conflict with Iran and support to other countries including Ukraine. Defense contractors are receiving bill…

FO
fortune.com
2 sources
U.S. Depletes Missile Stockpile in 38 Days of Iran ConflictSubstrate placeholder — needs review
world44 days ago

U.S. Depletes Missile Stockpile in 38 Days of Iran Conflict

The United States used approximately 1,100 JASSM-ER stealth cruise missiles during 38 days of combat in the Iran war, according to a report. This left about 1,500 missiles in the global inventory. The munitions are described as long-range stealth weapons.

MA
electoral-vote.com
2 sources
Thales Reports 75% Rise in Defense Orders, Surpassing Sales Forecastsen.globes.co.il
world47 days ago

Thales Reports 75% Rise in Defense Orders, Surpassing Sales Forecasts

French defense and technology company Thales announced stronger-than-expected sales figures. Orders in its defense division surged 75%, driven by robust defense spending. The results highlight ongoing demand in the sector.

BU
1 source
IMF Report Warns of Medium-Term Economic Risks from Defense Spending BoomsSubstrate placeholder — needs review
world60 days ago

IMF Report Warns of Medium-Term Economic Risks from Defense Spending Booms

A report from the International Monetary Fund states that surges in defense spending could pose risks to economies in the medium term. These expenditures are primarily financed through increased budget deficits. The analysis highlights potential fiscal pressures from such financi…

BU
1 source