DefenceTalkThe US Congress on Thursday overwhelmingly authorized $700 billion in national defense spending for next year, a substantial increase over Donald Trump’s request, and sent the measure to the president for his signature. The National Defense Authorization Act of 2018 is a negotiated compromise between the two chambers of Congress. The Senate passed it Thursday […]https://www.defencetalk.com/congress-sends-700-bn-defense-bill-for-trumps-signature-70827/

DefenceTalkIn its Budget Bill for 2018, the Government proposes allocating an additional SEK 2.7 billion to Sweden’s total defence, of which SEK 2.3 billion for military defence and SEK 0.4 billion for civil defence. On 16 August, the Government reached an agreement with the Moderate Party and the Centre Party on additional measures to increase […]https://www.defencetalk.com/sweden-boosts-defense-spending-in-2018-budget-70517/

DefenceTalkThe US Senate overwhelmingly authorized $700 billion in defense spending Monday, a substantial increase over 2017 funding and nearly five percent more than President Donald Trump had requested. The National Defense Authorization Act of 2018 allows for increased spending on new F-35 fighter jets, ships and M1 Abrams tanks, raises military pay by 2.1 percent […]https://www.defencetalk.com/us-senate-passes-700-bn-defense-spending-bill-70490/

DefenceTalkTotal world military expenditure rose to $1686 billion in 2016, an increase of 0.4 per cent in real terms from 2015, according to new figures from the Stockholm International Peace Research Institute (SIPRI). Military spending in North America saw its first annual increase since 2010, while spending in Western Europe grew for the second consecutive […]https://www.defencetalk.com/world-military-spending-increases-in-the-usa-and-europe-decreases-in-oil-exporting-countries-69810/

DefenceTalkAccording to the latest report published by the Stockholm International Peace Research Institute (SIPRI), countries around the world are spending ever more money on weapons. Diplomacy, it seems, is in retreat. Global defense spending has gone up for the first time since 2011. According to the World Military Expenditure Report published by the Stockholm International […]https://www.defencetalk.com/global-defense-spending-increases-69808/

DefenceTalkRussia became the world’s third largest military spender in 2016 despite low oil prices and economic sanctions, as the global expenditure rose for a second consecutive year, a study said on Monday. Russia’s military spending was $69.2 billion (around 64 billion euros) in 2016, a 5.9 percent rise over 2015, the Stockholm International Peace Research […]https://www.defencetalk.com/russia-boosts-military-spending-despite-sanctions-study-69794/

DefenceTalkIn a letter to House Speaker Paul Ryan today, President Donald J. Trump asked for another $30 billion for the Defense Department in this fiscal year, which ends Sept. 30, to rebuild the armed forces and accelerate the campaign to defeat the Islamic State of Iraq and Syria. The fiscal 2017 budget amendment provides $24.9 […]https://www.defencetalk.com/trump-seeks-30b-more-in-fiscal-2017-to-rebuild-military-fight-isis-69526/

DefenceTalkForecast International’s Platinum Forecast System 3.1 indicates that a total of 6,175 medium / heavy military rotorcraft will be produced during the 15-year period from 2017 through 2031. The value of this production is estimated at $158.4 billion (in FY17 dollars). We define a medium/heavy military rotorcraft as one having a gross weight of at […]https://www.defencetalk.com/higher-defense-budgets-likely-to-give-military-rotorcraft-market-a-lift-69449/

DefenceTalkChina’s 2017 defense budget will expand by about 7 percent, a spokesperson for the annual session of the country’s top legislature said Saturday. Fu Ying, spokesperson for the 12th National People’s Congress (NPC) annual session, said the increase is in line with China’s economic development and defense needs. The new increase could be the country’s […]https://www.defencetalk.com/china-to-raise-2017-defense-budget-by-around-7-percent-69399/

DefenceTalkNATO Secretary-General Jens Stoltenberg said Tuesday a meeting of the alliance’s defense ministers will focus on the need for members to increase the amount of money they spend on defense. He told reporters in Brussels ahead of the meeting that countries boosted defense spending by $10 billion last year, but that only five of the […]https://www.defencetalk.com/nato-defense-ministers-focusing-on-boosting-spending-69151/