"Most, if not all," NATO countries will soon achieve their longtime goal of spending 2 percent of their GDPs on defense, but that may not be enough, Secretary-General Mark Rutte said at the NATO ministerial in Brussels. He also said members will be assigned responsibilities ...
defense spending
The credibility of America’s deterrent is waning, and the way to get it back is by restructuring defense leadership and raising the defense budget almost 100 percent, according to a new paper from the Mitchell Institute for Aerospace Studies.
At the dawn of the Cold War, a simple phrase defined America’s national security strategy: “Peace through strength.” Today, 75 years later, the world faces similarly severe challenges, but this time the United States is struggling to adopt and actualize a similarly decisive policy.
Having focused the services’ modernization efforts around seven Operational Imperatives designed to accelerate the injection of new capabilities into the force, Kendall is now setting his sights on organizational impediments to change.
Ahead of a major NATO summit in Vilnius, Lithuania, July 11-12, official statistics show a significant uptick in defense spending among allied members. According to information released on July 7 by the alliance, there is eight percent real increase in defense spending above inflation, compared ...
Inflation bit deeply into world military budgets in 2022, with only China, Europe, and a few other countries achieving real growth in defense spending, according to the International Institute for Strategic Studies. China's spending level was a new record, but the IISS noted that its ...
A new report by the Defense Department’s Office of Local Defense Community Cooperation found that Texas and Virginia were America’s top recipients of defense spending in fiscal 2020 at $83 billion and $64.3 billion, respectively. Among the states where the Air Force received the highest ...
The Defense Department Budget rolls up the total spending by each military department—the Departments of the Air Force (which also includes the Space Force), the Navy (which also includes the Marine Corps), and the Army.
Frank Kendall III will testify before the Senate Armed Services Committee on May 25 during his confirmation hearing to be the 26th Secretary of the Air Force. Kendall would succeed Barbara M. Barrett as the head of the U.S. Air Force and U.S. Space Force, ...
President Joe Biden told American allies they’ll have a friendlier partner in the White House, pledging to renew cooperation and “engage with the world once again.” The comments mark a departure from the Trump administration’s frequent threats to withdraw from alliances, and its transactional approach ...
China is making steady and ominous gains in the quality of its military forces and its ability to project power—while making more open challenges to the U.S. in the Indo-Pacific and worldwide, according to the Pentagon’s 173-page China Military Power Report released in late August.
A downturn in defense spending may create some “attractive” pricing on companies Lockheed Martin may want to acquire, and it has the cash to pick up some bargains, company President and Chief Executive Officer James D. Taiclet said in a second-quarter earnings call July 21. ...
