defense spending | Page 2 of 63

May- 2025 -

2 May

General Dynamics Wins $12B US Navy Deal for Two More Virginia-Class Subs

General Dynamics has secured a $12.4-billion contract to support the production of two Virginia-class attack submarines for the US Navy.

Apr- 2025 -

29 April

Technology

Norwegian soldier during NATO exercises near the Russian border

Giulia Bernacchi

Keysight to Deliver Radar, Electronic Warfare Simulators to NATO

NATO has awarded a contract to Keysight Technologies for the delivery of radar target generators and electronic warfare simulators.

29 April

Americas

Joe Saballa

General Dynamics Secures $728M US Army Deal for Insensitive Munitions

General Dynamics has been awarded a $728-million contract to provide the US Army with an unspecified number of 120mm Insensitive Munition High Explosive – Tracer rounds.

28 April

Arms

Giulia Bernacchi

Global Military Spending Hits $2.718 Trillion, Highest Since Cold War: Report

Global military spending reached $2.718 trillion in 2024, marking a 9.4 percent increase over 2023, the largest rise since the Cold War.

25 April

Asia Pacific

Joe Saballa

Japan Flexes Hypersonic-Killing Railgun for First Time

Japan has pulled the curtain back on its much-hyped electromagnetic railgun — an experimental weapon built to knock hypersonic threats out of the sky.

25 April

Exercises

Giulia Bernacchi

Lithuania Allocates $200M for Boxer Vehicles and NASAMS System

Lithuania allocated $200 million in state-borrowed funds to purchase Boxer infantry fighting vehicles and the NASAMS air defense system.

25 April

Americas

Secretary General of NATO Mark Rutte speaks during a press conference at NATO headquarters in Brussels, Belgium

Staff Writer With AFP

NATO Says 22 Members Hit 2% Spending Target in 2024

NATO said 22 of its 32 members hit the defense spending threshold of two percent of GDP last year, as US President Trump pushes to more than double that target.

23 April

Europe