On March 2, 2025, China announced that the AG600, the country’s domestically developed large amphibious seaplane, has successfully completed its fl... Read more US Navy Carl Vinson Aircraft Carrier Arrives in South Korea to Safeguard Security in Northeast Asia 2 Mar, 2025 - 12:46 | Naval...
The country’s defense budget is set to see high levels of growth, registering a CAGR of more than 9% between 2024 and 2028. Factors such as the significant changes in the defense and security posture of the Czech Republic as a result of Russia’s 2022 full-scale invasion of Ukraine and...
The country's military budget for 2022 was USD 68.5 billion, a rise of 3.7%. Of the total government spending, the country allocated 2.2% to the military. The country’s NATO membership commits it to devote 2% of its annual GDP to defense. In October 2023, the UK announced it would ...
The country’s defense budget is anticipated to rise in steady and gradual annual increments, registering a CAGR of more than 4% during 2024-2028. Despite the challenges of COVID recovery, energy insecurity, and sustained inflation, British foreign policy retains ambitions and international ...
(Xinhua) -- China's defense budget will increase by 7.1 percent to 1.45 trillion yuan (about 229 billion U.S. dollars) this year, maintaining the single-digit growth for the seventh consecutive year, according to a report on the draft central and local budgets for 2022 submitted to the ...
On March 2, 2025, China announced that the AG600, the country’s domestically developed large amphibious seaplane, has successfully completed its fl... Read moreUS Navy Carl Vinson Aircraft Carrier Arrives in South Korea to Safeguard Security in Northeast Asia 2 Mar, 2025 - 12:46 | Naval ...
The Canada defense budget is $20.6 billion in 2023 and is expected to grow at a CAGR of more than 2% from 2024 to 2028. The Canada defense market research report provides the market size forecast and the projected growth rate for the next five years.
Japan's Ministry of Defense plans to allocate over JPY 100 billion (about USD 905 million) in the FY2022 draft budget for the acquisition of about 10 additional F-35A and F-35B stealth fighter jets. The armed forces are focusing on enhancing capabilities in the air domain, with an ...
Japan plans to double defense spending by 2027, the largest increase in nearly 70 years. The Ukraine war has prompted many countries to bolster their defense.
September 12, 2024-byDaniel Darling Japan’s Ministry of Defense has submitted a budget request of ¥8.54 trillion ($59.76 billion) for fiscal year 2025 (FY25). The requested total marks a 7.5 percent increase over the current …