Search results for Defence Spending

$53 billion to be ploughed into Australia’s defence budget. Trump’s secretary of war wanted more

The government will argue defence spending will rise to 3 per cent of gross domestic product – but only by adopting a new way to calculate the figure.

Ranked: The World’s 15 Largest Defense Budgets

As budgets climb to a collective $2.1 trillion, the question is no longer who is spending—but how far this buildup will go.

Trump's $1.5 tril. defense budget includes $750 bil. for ships, jets and Golden Dome

WASHINGTON — The Pentagon on Tuesday unveiled more details of U.S. President Donald Trump's $1.5 trillion defense budget request for fiscal year 2027, by far the largest year-over-...

Trump’s $1.5 Trillion Defence Budget Prioritises Golden Dome, Drones, And Expanding U.S. Forces

President Donald Trump has unveiled an unprecedented $1.5 trillion defence budget request for fiscal year 2027, marking the largest year‑on‑year increase in military spending since...

Australia to Increase Defense Spending by $37.9B Over Next Decade

Australia will increase its defense spending by $37.9 billion U.S. dollars over the next decade, according to its 2026 National Defense Strategy and accompanying Integrated Investm...

Japan's defense spending to reach 1.9% of GDP this fiscal year

Defense-related spending in the fiscal year through March 2027 would total ¥10.6 billion, approaching the gold standard 2% of GDP level.

Buoyed by European rearmament boost, global military spending jumps to $2.89 trillion

While Europe saw a 14 percent increase in defense spending, US expenditure declined by 7.5 percent.

By one measure, America’s allies now outspend it on defence

Our annual ranking of military budgets shows the biggest shift since 2001

A World Preparing For War:

A World Preparing For War – Global Military Spending SurgesPNW STAFFThere are moments in history when numbers stop being abstract--and start telling a story. The latest report from...

Higher defence spending could unlock £30bn annual boost for UK economy

EY analysis reveals that raising UK defence expenditure to up to 5% of GDP by 2035 could generate £30bn a year in additional economic output and support domestic manufacturing and...

White House seeks $1.5 trillion defence budget, proposes deep cuts to social spending

The plan focuses on military expansion, nuclear modernisation and a new missile defence system, while cutting non-defence spending by 10 per cent

US proposes record $1.5 trillion defence budget, highest in history

Trump seeks 10% cut in non-defence spending, about $73B, while boosting military outlays

Labor to boost defence spending by $53bn over next decade – but plan still short of Donald Trump’s demands

The new strategy to be unveiled by Richard Marles will see defence spending rise to about 2.4% of GDP – but US president has urged allies to spend 3.5%Get our breaking news email,...

Snapshots of Global Defense Spending

The go-to source for comparing national levels of defense spending arount the world is SIPRI, the Stockholm International Peace Research Institute, which has just published its dat...

UK defence spending boom could raise GDP by £30bn a year

Spending on upgrading the United Kingdom's aging defence capabilities could provide a major boost to the economy, according to EY.

Trump Budget Request Aims to Boost Defense Spending to $1.5 Trillion

President Donald Trump's budget request calls for Congress to boost defense spending up to $1.5 trillion, the largest increase in decades and signals the administration's interest...

Trump Budget Request Aims to Boost Defense Spending to $1.5 Trillion

President Donald Trump's budget request calls for Congress to boost defense spending up to $1.5 trillion, the largest increase in decades and signals the administration's interest...

Understanding the President’s FY 2027 Budget Request for the Department of War

On April 3, 2026, the White House released its budget request for Fiscal Year (FY) 2027, proposing a historic $1.5 trillion in total defense spending. This represents a $445 billio...

President’s FY27 Budget Request Includes $1.5T for Pentagon

President Donald Trump’s budget request for fiscal year 2027 includes $1.5 trillion in defense spending, marking a $445 billion, or 42 percent, increase from the Pentagon’s FY 2026...

US Budget 2027: Trump seeks record $1.5tn defence push amid Iran war

US President Donald Trump has proposed a massive $1.5 trillion defense budget for 2027. This plan significantly boosts military spending. It also calls for reducing non-defense out...

US seeks sizeable boost of US$1.5tn to defense budget

Australia unveils $45.2 billion defense budget with ramp up in AUKUS spending

This year’s budget represents a six percent increase over last year’s defense spending.

Trump's 2027 Budget Proposes $1.5 Trillion Defense Spending, 10% Domestic Cuts— Here's What To Know

Trump's 2027 budget proposes $1.5 trillion defense spending, cuts domestic programs by 10%, highlighting shift toward military priorities amid rising deficit. Importance Ran...

Trump’s budget proposes massive defense spending with 10% cut to other programs

The proposed surge in defense spending includes a 5-7% pay raise for military personnel.