Germany to buy F-35 fighter jets in military spending spree
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DefenceTalkGermany plans to buy up to 35 US-made F-35 fighter jets and 15 Eurofighter jets, a parliamentary source said Monday, as part of a major push to modernise the armed forces in response to Russia’s invasion of Ukraine. The F-35 jets made by Lockheed Martin would help replace Germany’s decades-old Tornado fleet, according to media […]https://www.defencetalk.com/germany-to-buy-f-35-fighter-jets-in-military-spending-spree-78395/
Sweden to raise military spending over Ukraine war
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DefenceTalkSweden’s government announced plans Thursday for a major boost in military spending to two percent of GDP “as soon as possible”, citing the security threat from Russia’s war in Ukraine. Sweden, which ended decades of defence cuts after Moscow’s 2014 annexation of Crimea, said it hoped to reach its goal within a decade but gave […]https://www.defencetalk.com/sweden-to-raise-military-spending-over-ukraine-war-78368/
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 […]
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/
World Military Spending: Increases in the USA and Europe, Decreases In Oil-Exporting Countries
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DefenceTalkTotal world military expenditure rose to $1686 billion in 2016, an increase of 0.4 per cent in real terms from 2015, according to new figures from the Stockholm International Peace Research Institute (SIPRI). Military spending in North America saw its first annual increase since 2010, while spending in Western Europe grew for the second consecutive […]https://www.defencetalk.com/world-military-spending-increases-in-the-usa-and-europe-decreases-in-oil-exporting-countries-69810/
Russia boosts military spending despite sanctions: study
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DefenceTalkRussia became the world’s third largest military spender in 2016 despite low oil prices and economic sanctions, as the global expenditure rose for a second consecutive year, a study said on Monday. Russia’s military spending was $69.2 billion (around 64 billion euros) in 2016, a 5.9 percent rise over 2015, the Stockholm International Peace Research […]https://www.defencetalk.com/russia-boosts-military-spending-despite-sanctions-study-69794/
No, Argentina will Not be Spending $2 Billion on Military Equipment
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DefenceTalkRecent reports in the Argentine press indicate that the country has plans to purchase over $2 billion worth of military equipment over the next few years. In a letter leaked to El Destape, Argentine ambassador to the U.S. Martin Lousteau listed equipment needed by the Argentine Army and Air Force to conduct peacekeeping missions, combat […]https://www.defencetalk.com/no-argentina-will-not-be-spending-2-billion-on-military-equipment-69718/
India world’s sixth largest military spender: report
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DefenceTalkDespite being the tenth largest arms importer in the world last year, Pakistan did not make it to a list of 15 countries with the highest military expenditure in 2015, compiled by a military think tank. Pakistan spent $9.5 billion on military expenses, up from its expenditure of $8.7 billion in 2014, according to data […]https://www.defencetalk.com/india-worlds-sixth-largest-military-spender-report-67197/
Military Spending and Arms Sales in the Persian Gulf
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DefenceTalkThere are many ways to measure the Persian Gulf military balance, but one key indicator is to look at the relative size of Persian Gulf military expenditures and the size and nature of Gulf arms imports and transfers of military technology. The Burke Chair has prepared a detailed comparison of key estimates of both military […]https://www.defencetalk.com/military-spending-and-arms-sales-in-the-persian-gulf-64006/