Japan, a key United States treaty ally, is expected to spend nearly 2 percent of its GDP on defense this year, as it faces ...

U.S. military branches are being told to find budget cuts to offset the proposed $50 billion increase in defense spending.

Italy will likely be able to increase its defense spending to reach a NATO target of 2% of gross domestic product as early as ...

Trump's plan for a huge increase in defense spending next fiscal year would mean billions more for equipment and training.

Defense Secretary Pete Hegseth signed a memorandum Thursday outlining $5.1 billion in cuts to Department of Defense spending ...

Eric Slesinger made a career shift from the spy agency to venture capital, championing military start-ups as Europe beefed up ...

President Donald Trump likes big round numbers and he’s endorsed one — $1 trillion — for the US defense budget. This is the right idea, and we’ll need even more soon enough. It is the ...

The U.S. government is its largest customer, with the Department of Defense (DOD) one of its biggest benefactors. Last year, ...

Italy will meet NATO's 2% of gross domestic product (GDP) target on defence spending this year through a series of accounting changes, Economy Minister Giancarlo Giorgetti said at a parliamentary ...

“We’re going to be approving a budget, and I’m proud to say, actually, the biggest one we’ve ever done for the military,” Trump said Monday during a White House event with Israeli Prime ...

Rheinmetall's Armin Papperger expects his company to account for a quarter of Europe's $1.1 trillion defense splurge.