Keywords: Defence spending
Europe’s defence industry faces a growing challenge as Ukraine pushes its Western partners to move beyond conventional arms deliveries and toward joint production, technology transfers and industrial partnerships capable of responding more rapidly to battlefield needs. Kyiv is increasingly seeking......
Estonia’s Defence Minister Hanno Pevkur has resigned after concerns were raised over the management of defence-related activities and procurement procedures. The Estonian Ministry of Defence confirmed his resignation on Wednesday evening, bringing an end to his tenure, which began in July 2022. Pevkur......
The United States could reconsider its position on the sovereignty dispute over the Falkland Islands, known in Argentina as the Malvinas, if the United Kingdom fails to increase its defence spending to levels demanded by Washington, according to reports in the British press. The Telegraph reported that......
Taiwan is preparing for a historic increase in defence spending, with President Lai Ching-te describing the move as a necessary investment in maintaining peace and stability. The proposed 2027 defence budget is set to surpass T$1 trillion for the first time, reflecting Taipei’s efforts to strengthen......
Taiwan is preparing to increase defence spending by 16% in 2027, with the proposed budget expected to surpass T$1 trillion ($31 billion) for the first time, according to the official Central News Agency. The planned increase comes as Taipei continues to strengthen its military capabilities amid sustained......
Italy pays approximately €450 million each year as its direct financial contribution to NATO, according to Defence Minister Guido Crosetto, who outlined the country's financial commitments to the alliance during a parliamentary committee meeting on Tuesday. Crosetto said NATO's overall......
Australia is expanding its long-term defence investment by allocating an additional $3.2 billion to the development of infrastructure supporting its future fleet of nuclear-powered submarines. The funding reinforces Canberra's commitment to the AUKUS security partnership as it accelerates one of......
Germany is preparing to take direct financial stakes in defence startups as part of a new strategy aimed at strengthening its military technology sector and accelerating innovation in security-related industries. The German government announced on Wednesday the creation of an investment fund that will......
Shares in leading UK defence companies climbed on Tuesday after newly appointed Prime Minister Andy Burnham named former Defence Secretary John Healey as the country's new finance minister, fueling investor expectations of sustained military spending. London-listed defence firms outperformed their......
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