Japan defence ministry seeks $50 billion budget
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DefenceTalkJapan’s defence ministry on Tuesday unveiled a $50 billion budget request as the country keeps military spending at record levels in the face of growing threats from China and North Korea. The military budget has been rising steadily for about a decade, and the defence ministry’s latest request warns that “the security environment surrounding our […]
Ten allies meet NATO target for defence spending
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DefenceTalkDefenceTalkTen countries, including for the first time France and Norway, will meet NATO’s target of spending two percent of their output on defence this year, the alliance said Wednesday. European countries have been under intense pressure from an angry US President Donald Trump to share more of the burden in the world’s biggest defence alliance […]https://www.defencetalk.com/ten-allies-meet-nato-target-for-defence-spending-76508/
Global Military Expenditure Sees Largest Annual Increase in A Decade, Reaching $1917 Billion in 2019: SIPRI
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DefenceTalkTotal global military expenditure rose to $1917 billion in 2019, according to new data from the Stockholm International Peace Research Institute (SIPRI). The total for 2019 represents an increase of 3.6 per cent from 2018 and the largest annual growth in spending since 2010. The five largest spenders in 2019, which accounted for 62 per […]https://www.defencetalk.com/global-military-expenditure-sees-largest-annual-increase-in-a-decade-75298/
Military spending saw biggest increase in a decade in 2019: study
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DefenceTalkGlobal military expenditure saw its biggest uptick in a decade in 2019, researchers said Monday, marking the first year two Asian countries were among the top three spenders. The world’s nations spent a combined $1.9 trillion (1.78 trillion euros) on their militaries in 2019, according to a report by the Stockholm International Peace Research Institute […]https://www.defencetalk.com/military-spending-saw-biggest-increase-in-a-decade-in-2019-study-75292/
US Army budgets target transformational change
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DefenceTalkFORT MEADE: Anyone wanting to stay abreast of the initiatives set through the Army’s budget can now download a document which explains many of the Army’s sought-after changes. In February, the force released its “Fiscal Year 2019-2021 Accomplishments and Investment Plan” shortly after announcement of the Army’s FY21 budget request. The FY19-21 plan outlines how […]https://www.defencetalk.com/us-army-budgets-target-transformational-change-74788/
Hypersonic tests, modernization top US Army budget request
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DefenceTalkThe Army will test-fire multiple land-based hypersonic missiles later this year, said Secretary of the Army Ryan D. McCarthy, as leaders zero in on their 2023 goal to deliver high-speed munitions that “fly further, hit their targets, and increase reach and lethality” to the joint fight. McCarthy and Army Chief of Staff Gen. James C. […]https://www.defencetalk.com/hypersonic-tests-modernization-top-us-army-budget-request-74721/
Biggest jump in world defence spending in 10 years: study
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Global spending on defence rose by four percent in 2019, the largest growth in 10 years, led by big increases from the US and China, a study said Friday. Beijing’s military modernization program — which includes developing new hard-to-detect hypersonic missiles — is alarming Washington and helping drive US defence spending, the International Institute for […]
Air Force’s proposed $169 billion budget focuses on ‘great power competition,’ readiness, establishing Space Force
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The Department of the Air Force released a $169 billion budget proposal Feb. 10, which for the first time includes funding for the newly created U.S. Space Force while also focusing funds to help both services modernize, address threats from Russia and China, and sustain readiness. The spending plan for fiscal year 2021 carries a […]
US military spending up for first time in 7 years: Sipri
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DefenceTalkUS military spending has risen for the first time in seven years, reflecting Trump administration policy, according to a new report released Monday by the Stockholm International Peace Research Institute. Worldwide military spending also rose by 2.6 percent to $1.8 trillion overall last year, SIPRI calculated. It was the second year running the global figure […]https://www.defencetalk.com/us-military-spending-up-for-first-time-in-7-years-sipri-72281/
US Army FY20 budget proposal realigns $30 billion
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DefenceTalkThe Army is slated to release its fiscal year 2020 budget request on March 12, which will include the realignment of nearly $30 billion over the next five years to improve readiness and better support the Army’s six modernization priorities. “We’ve been very consistent about where we’re trying to take the Army … by 2028,” […]https://www.defencetalk.com/us-army-fy20-budget-proposal-realigns-30-billion-72145/