Lawmakers in Russia’s upper house have given final parliamentary approval to a plan to boost military spending by almost 30 percent next year. The Federation Council on Wednesday passed the 2025 budget, which builds spending […]
Russia plans to keep defense spending at historic highs in 2025, with a proposed budget of 13.2 trillion rubles ($142 billion), according to a draft budget revealed by Bloomberg. Russia’s official 2022 military budget is […]
The Japanese Ministry of Defense (MoD) on August 30 requested $59.1 billion (8.5 trillion yen) for fiscal year (FY) 2025 starting in April, its largest ever defense budget request. Plans include the construction of three […]
The United States Army has unveiled its fiscal year 2025 budget request, outlining a comprehensive plan with a total allocation of $185.9 billion. The budget provides a detailed blueprint for the manning, training, and equipping […]
Australia will spend a record AU$55.7 billion (U.S. $36.8 billion) on defense during the next fiscal year, according to budget documents unveiled May 14. The figure equates to 2.02% of gross domestic product and represents […]
The Australian government will invest an extra $50.3 billion into defence over the next decade as part of a long-awaited revamp of the nation’s armed forces strategy. The funding boost comes following last year’s Defence […]
Russia’s invasion of Ukraine has shifted Norway’s discussion on military spendingNorway will dip into its huge rainy day sovereign wealth fund to deliver a “historic” defence spending boost of $48 billion over the next 12 […]
Britain’s combat power has been slashed significantly over the past eight years, a Government report has revealed. Ministry of Defence figures show that deep annual cuts since 2016 have had an impact on almost every […]
China is raising its defense budget by 7.2% for 2024, the government announced March 5 during the second annual session of the 14th National People’s Congress. The new budget is nearly 1.7 trillion yuan (U.S. […]
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