Pentagon Chief Warns of Devastating Effects of Temporary Budget Bill on Military
Defense Secretary Lloyd Austin warns that passing a six-month temporary spending bill would severely impact the Defense Department and...
defense spending
Navigating the Rising Threat of Autocracies: A Strategic Dilemma for the West
In a world increasingly dominated by autocracies led by China and Russia, Western democracies face tough strategic choices, regardless...
Balfour Beatty Sees Higher Earnings on Growth in Key Markets, Confirms Full-Year Guidance
In a recent report, Balfour Beatty, a U.K. builder, announced higher earnings for the first half with pretax profit...
Kongsberg Gruppen Reports Profit Boom Amid Increased Defense Spending and Green Energy Transition
Kongsberg Gruppen, a Norwegian defense systems and marine equipment maker, saw its earnings before interest and tax rise to...
Record Number of NATO Allies Meeting Defense-Spending Targets
Lead: A record 23 NATO member nations are meeting the alliance's defense spending target this year, a significant increase...
Soaring US Budget Deficit: Interest Payments Surpass Defense Spending
In just eight months, the U.S. budget deficit has reached a staggering $1.2 trillion, driven by rising interest payments...
Record Military Spending Boosts Lockheed Martin Outlook
U.S., Chinese, and global military spending reaches record levels, with the U.S. accounting for 38% of the world's total...
Russian Military Officials Arrested for Corruption: What You Need to Know
Lead: Russian senior military officials, including a former deputy defense minister, are facing corruption charges amid President Putin's reshuffling...
BAE Systems Forecasts Sales Growth as Defense Spending Remains High
**Lead:** BAE Systems anticipates a 10% to 12% surge in sales this year as global demand for military hardware...
Polish Leaders Call for Increased Defense Spending and Resumption of Ukraine Aid
**Lead:** Polish President Andrzej Duda, in a historic joint White House visit with Prime Minister Donald Tusk, urges NATO...