DefenceTalkTotal global military expenditure rose to $1917 billion in 2019, according to new data from the Stockholm International Peace Research Institute (SIPRI). The total for 2019 represents an increase of 3.6 per cent from 2018 and the largest annual growth in spending since 2010. The five largest spenders in 2019, which accounted for 62 per […]https://www.defencetalk.com/global-military-expenditure-sees-largest-annual-increase-in-a-decade-75298/

DefenceTalkThe Army will test-fire multiple land-based hypersonic missiles later this year, said Secretary of the Army Ryan D. McCarthy, as leaders zero in on their 2023 goal to deliver high-speed munitions that “fly further, hit their targets, and increase reach and lethality” to the joint fight. McCarthy and Army Chief of Staff Gen. James C. […]https://www.defencetalk.com/hypersonic-tests-modernization-top-us-army-budget-request-74721/

The Army proposes to add over $2 billion to its modernization efforts next fiscal year that will help continue to develop hypersonic missiles, future aircraft and combat vehicles. The fiscal year 2021 budget request released Monday asks for $10.6 billion for the Army’s six modernization priorities, a jump from this fiscal year’s enacted budget of […]

Global spending on defence rose by four percent in 2019, the largest growth in 10 years, led by big increases from the US and China, a study said Friday. Beijing’s military modernization program — which includes developing new hard-to-detect hypersonic missiles — is alarming Washington and helping drive US defence spending, the International Institute for […]

The Department of the Air Force released a $169 billion budget proposal Feb. 10, which for the first time includes funding for the newly created U.S. Space Force while also focusing funds to help both services modernize, address threats from Russia and China, and sustain readiness. The spending plan for fiscal year 2021 carries a […]

BRUSSELS: The European Defence Agency has today published its annual Defence Data report for the year 2018, detailing spending by the 27 EDA Member States. Total defence expenditure stands at €223 billion, representing a 3% increase on 2017 and marks the fifth consecutive year of increased defence spending. EDA’s report also finds that Member States […]

DefenceTalkThe Army is slated to release its fiscal year 2020 budget request on March 12, which will include the realignment of nearly $30 billion over the next five years to improve readiness and better support the Army’s six modernization priorities. “We’ve been very consistent about where we’re trying to take the Army … by 2028,” […]https://www.defencetalk.com/us-army-fy20-budget-proposal-realigns-30-billion-72145/

DefenceTalkThe Defense Department applauds the passage of the Fiscal Year 2019 National Defense Authorization Act at the swiftest pace in 20 years, Pentagon officials said today. In a statement, DoD officials noted that this year’s bill passed with overwhelmingly bipartisan support — a vote of 87-10 in the Senate and 359-54 in the House. The […]https://www.defencetalk.com/fy19-defense-authorization-bill-passes-congress-in-record-speed-71785/

DefenceTalkToday President Donald J. Trump sent Congress a proposed Fiscal Year (FY) 2019 budget request of $716 billion for national security, $686 billion of which is for the Department of Defense. The National Defense Strategy, which aligns with the National Security Strategy, connects strategy to the FY 2019 budget priorities, enabling the Department to compete, […]https://www.defencetalk.com/dod-releases-fiscal-year-2019-budget-proposal-71467/

DefenceTalkThe Pentagon on Monday unveiled a mammoth budget proposal for fiscal 2019 that would see a more than 10 percent boost in spending and add thousands of more troops across the US military services. The $686 billion spending plan — up from $612 billion in 2018 — is framed in the context of the Pentagon’s […]https://www.defencetalk.com/us-budget-outline-calls-huge-pentagon-increase-cuts-state-71451/