On Tuesday a five-party government in Finland agreed to increase the country’s defense spending by over 70%. Russia’s noritic neighbor felt this more was necessary as they do not have a strategic alliance with NATO […]
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Germany has announced a plan to prioritize military spending in light of Russia’s invasion of Ukraine. A “special fund” will be set up to better equip the Bundeswehr, reported DW News. German Chancellor Olaf Scholz announced […]
In accordance with the “Global Britain” policy, the UK government has already signaled its desire for a more capable Royal Navy with the Integrated Review 2021, which was published in March 2021. Another indication of […]
Romania’s president Klaus Iohannis passed the State Budget for 2022 on 28 December, a week after the Parliament gave its approval. Military Expenditure in Romania increased to $5.5 billion in 2020 from $4.6 in 2019 […]
Japan’s Ministry of Defense (MoD) Japan’s Ministry of Defense (MoD) announced the outline of the FY2022 defense budget on December 24, 2021. According to the MoD, the budget for FY2022 will be designed as a […]
U.S. President Joe Biden on Monday signed the National Defense Authorization Act (NDAA) into law, authorizing nearly $770 billion in military spending, including a 2.7% pay raise for service members, for the fiscal year 2022, […]
The military budgets of NATO’s European nations and Canada increased to an estimated 1.73% of gross domestic product in 2020, up from 1.55% in 2019, the alliance said in an annual report released on Tuesday. […]
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