defense spending

Japan Govt Approves Record Budget for Aging Population, Defense

Japan's government approved a record budget for the next fiscal year, ramping up spending on defense to tackle regional threats.

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After Spain, Italy Buys 24 Additional Eurofighter Typhoon Jets

The Italian Ministry of Defence has signed a contract to acquire up to 24 additional Eurofighter Typhoon aircraft for the Italian Air Force.

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Slovakia Buys Israeli-Made Barak MX Air Defense System for $583M

Slovakia has approved the procurement of Israel's Barak MX air defense system for $583 million, marking a significant step in enhancing the military capabilities of the long-standing NATO member.

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Taiwan Govt Says Opposition-Led Amendments Risk Defense Budget

Taiwan's government warned that opposition-led amendments to next year's budget could put national security and defense funding at risk.

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Spain Orders 25 More Eurofighter Jets From Airbus

Spain has ordered another 25 advanced Eurofighter jets from European aerospace giant Airbus in the NATO member's drive to modernize its air force.

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Northrop Beats Collins Aerospace for US Navy’s New $3.5B ‘Doomsday Plane’

Northrop Grumman has defeated Collins Aerospace in a $3.5-billion competition to develop the US Navy’s next nuclear command, control, and communications aircraft.

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US, European, Chinese Firms Seek to Draw Vietnam Arms Deals From Russia

Major US weapons manufacturers including Boeing and Lockheed Martin, along with Europe's Airbus and Chinese firms, put their wares on show at an arms fair in Vietnam.

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Germany Approves Record $20.7B Worth of Defense Gear

Germany's military will get more than $20.7 billion worth of new defense equipment, including four submarines, under a record package approved by the parliamentary budget committee.

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Indian Army Buys 8×8 High-Mobility Vehicles, 50-Ton Trailers

The Indian Ministry of Defence has awarded contracts to state-owned BEML Ltd. for the production of 8×8 high-mobility vehicles and heavy-duty trailers for the Indian Army.

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Greece to Acquire Switchblade Kamikaze Drones From the US

Greece’s Government Council for Foreign and Defense Affairs (KYSEA) has approved the acquisition of Switchblade kamikaze drones for the Greek army.

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