The $37bn increase includes $2.5bn for fuel costs, $550m for Ukraine, and funding for ships and fighter jets.

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Funding of up to £750,000 is allocated for proposals, which are required to be submitted by 25 August 2022.

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Boeing and Raytheon Missile Systems will serve as principal contractors for production.

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In May, Germany committed to delivering seven self-propelled howitzers to Ukraine.

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The mid-course test is defensive in nature and not a move against any country, says the Ministry of National Defence.

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The plan seeks to strengthen CAF and NORAD with enhanced defence capabilities.

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The government had acquired the artillery units from a Belgian arms company and refurbished them for the Ukrainian armed forces.

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The Norwegian Army has completed training Ukrainian soldiers on how to operate the equipment.

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The missile tests were intended to demonstrate the ability of the combined US-ROK forces to respond to crisis events.

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Business optimism increased in May 2022 compared to April 2022, amid concerns over rising costs, economic slowdown, and the Ukraine war, revealed analysis of an ongoing poll by Verdict. Verdict has been conducting the poll to study the trends in business optimism during COVID-19 as reflected by the views of companies on their future growth …

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