Tag #Military Budget

Showing 1 to 12 of 74 results

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US President Trump to Rename Department of Defense to Department of War

President Trump will issue an executive order to rename the Department of Defense to the Department of War, with Secretary Pete Hegseth adopting the title of Secretary of War; this requires Congressional approval, but Republicans hold slim majorities in both houses, making passage likely.

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dw.com
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Senate Approves $1 Billion in Ukraine Aid Despite White House Opposition

The US Senate Appropriations Committee approved an $852 billion defense budget that includes $1 billion in aid to Ukraine, despite the White House's omission of such funding in its initial request; this decision comes as President Trump gave Russia a deadline to end the war in Ukraine.

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dw.com
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NATO's 5% Defense Spending Pledge Faces Economic Challenges

The NATO summit concluded with a commitment from 32 member states to increase defense spending to 5% of GDP by 2035; however, Spain secured an opt-out, raising concerns about the feasibility and economic impact of the agreement for other high-debt nations.

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foxnews.com
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U.S. Navy Carrier Count Temporarily Reduced Due to Construction Delays

The U.S. Navy's aircraft carrier count will temporarily drop to 10 due to delays in the delivery of the USS John F. Kennedy (CVN-79) and USS Enterprise (CVN-80), pushing back their launch dates to March 2027 and July 2030, respectively, primarily due to issues with Advanced Arresting Gear certificat...

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Industry, Innovation, and Infrastructure
es.euronews.com
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NATO Agrees to 5% GDP Defense Spending Increase by 2035

NATO allies agreed to increase defense spending to 5% of GDP by 2035, with 3.5% allocated to "hard defense" and 1.5% to related investments; however, the US and Spain expressed reservations.

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abcnews.go.com
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Sweden and Netherlands to Increase Defense Spending to 5% of GDP

Sweden and the Netherlands announced they will increase defense spending to 5% of GDP by 2032, aligning with U.S. President Trump's demands and NATO's new plans to defend against Russia, following Russia's invasion of Ukraine in February 2022.

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lemonde.fr
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NATO Sets New 5% Defense Spending Target by 2035

By 2025, all 32 NATO countries will spend at least 2% of their GDP on defense, a goal accelerated by US pressure and concerns over Russia; a further increase to 5% by 2035 is proposed, though Spain objects.

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t24.com.tr
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Turkish Union Condemns NATO's Increased Military Spending

The Birleşik Metal-İş Union strongly criticizes NATO's 2025 Hague Summit decision to increase defense spending to 5% of GDP by 2035, warning of severe consequences for workers and social programs in Turkey and globally, and vowing to increase their activism in 2026.

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lexpress.fr
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Macron Announces Massive French Defense Budget Increase Amidst Heightened Security Concerns

French President Macron announced a significant increase in France's defense budget—€3.5 billion in 2026 and €3 billion in 2027—citing unprecedented threats to freedom and peace in Europe since World War II, driven by rising international tensions and the weakening of the post-war international orde...

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tass.com
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NATO's 5% Defense Budget Increase Faces Strong Opposition

Turkish political scientist Hasan Unal states that there's significant opposition within NATO to the proposed increase in defense budgets to 5% of GDP by the 2030s, questioning the plan's feasibility and highlighting potential economic and public resistance.

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elpais.com
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Spain Resists NATO's Proposed 5% Defense Spending Increase

The upcoming NATO summit is expected to set a new defense spending target of 5% of GDP for member states, prompting Spain to resist due to the cost and impact on social programs; the country proposes a focus on common capabilities instead.

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nos.nl
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NATO Plans 5% GDP Increase for Defense

NATO aims to increase defense spending to 5 percent of GDP, driven by former Supreme Allied Commander Rob Bauer, to counter threats from Russia and terrorism, addressing shortages in air defense and support units. This follows the 2023 completion of NATO military plans highlighting these deficiencie...

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Showing 1 to 12 of 74 results