DefenceTalkU.S. defense spending dropped to 38 percent of the global total in 2014, compared to its 47 percent share in 2010, according to an assessment of global military capabilities published Wednesday in Britain. Analysts at the International Institute for Strategic Studies says the shift comes as military spending in the Middle East and Asia rises […]https://www.defencetalk.com/military-spending-rises-in-asia-middle-east-62946/

DefenceTalkIn a bid to keep the US military’s technological edge, President Barack Obama’s proposed budget for 2016 calls for an increase in defense spending to pay for high-tech weapons and training. The $585 billion request for the Pentagon would devote $107.7 billion to big-ticket weapons — an increase of $14.1 billion over the previous budget. […]https://www.defencetalk.com/pentagon-asks-for-more-funds-for-high-tech-weapons-62552/

DefenceTalkUS President Barack Obama was planning to undo cuts on defense and other domestic programs as part of his budget for 2016, the White House said Thursday. Obama’s main goal is to freeze the so-called “sequester,” a series of automatic cuts which would reduce spending by $1 trillion (roughly 884 billion euros) by 2021 if […]https://www.defencetalk.com/obama-to-reverse-defense-spending-limits-in-2016-budget-62468/

DefenceTalkDeteriorating international relations across the world have caused countries to sanction extensive naval modernization and re-armament programs in Asia-Pacific, the Middle East and Russia. The Ukraine crisis, territorial disputes on the South China Sea and growing tensions in the Middle East have ensured that the market growth remains stable, although low. New analysis from Frost […]https://www.defencetalk.com/rising-security-threats-sustain-expenditure-on-military-naval-vessels-platforms-61982/

DefenceTalkNATO chief Jens Stoltenberg urged Germany on a visit to Berlin Wednesday to mirror its leadership role in Europe as the bloc’s biggest economy in its defense spending. Describing Germany as a “staunch and important” NATO ally, Stoltenberg stressed the need for members of the US-led alliance to bump up investment amid challenges such as […]https://www.defencetalk.com/nato-chief-urges-germany-to-lead-way-on-defense-spending-61927/

DefenceTalkThe government of Japanese Prime Minister Shinzo Abe approved a 2.8 percent rise in defense spending on Wednesday, with Tokyo seeking to bolster defenses in its waters bordering China. “The situation around Japan is changing,” Defense Minister Gen Nakatani said on Sunday. “The level of defense spending reflects the amount necessary to protect Japan’s air, […]https://www.defencetalk.com/japan-ramps-up-military-budget-to-ward-off-china-61912/

DefenceTalkIndia’s defence ministry cleared Wednesday proposals worth nearly $700 million to buy military equipment but deferred a key multi-billion dollar decision on replacing the country’s aging air transport fleet. India, the world’s largest buyer of weapons, is in the midst of revamping its aging military equipment and recently lifted a cap on foreign investment in […]https://www.defencetalk.com/india-clears-700-million-defence-purchase-61183/

DefenceTalkThe US Congress adopted a massive US defense spending bill for 2015 Friday which includes emergency funding for military operations against Islamic jihadists in Iraq and Syria, as requested by President Barack Obama. The legislation passed 89 votes to 11 in the Senate one week after it sailed through the House. It outlines $584.2 billion […]https://www.defencetalk.com/us-congress-passes-584-billion-defense-bill-61154/

DefenceTalkChina intends to improve efficiency in military spending through tighter monitoring of how funds are used, state media reported Sunday. Under the new “results-based management system” set to be fully operational by 2020, individuals and military units will be held accountable for inefficiency, the state-run Xinhua news agency said. It cited what it described as […]https://www.defencetalk.com/china-to-keep-closer-eye-on-military-spending-60878/

DefenceTalkIndia announced Thursday it would lift the cap on foreign direct investment in the defence sector to 49 percent and announced a 12-percent rise in military spending as part of efforts to modernize its armed forces. In his first budget, Finance Minister Arun Jaitley raised defense spending for the current financial year to 2.29 trillion […]https://www.defencetalk.com/india-increases-defence-spending-invites-foreign-investment-60106/