China Boosts Defense Spending by 15 Percent: China announced at its annual National People’s Congress this past weekend that it would raise military spending this year by 15 percent—to $35.1 billion, according to the Wall Street Journal. Remember last year, the International Institute for Strategic Studies said that China actually spent twice what it publicly stated.
The Air Force is launching an effort to develop a new stand-off missile with a range of 1,000 nautical miles, or 1,150 miles, that would eventually be used for both air-to-air and air-to-surface missions.