defense spending
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Dec- 2018 -21 DecemberAsia Pacific
Japan unveils record $47 billion defense budget
Japan's defense budget will swell to a record $47 billion next year as it boosts missile defense capabilites and procures stealth jets
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14 DecemberEurope
Spain approves €7.3 billion in defense spending programs
Spain's government approved a €7.3 billion renewal of military equipment which it portrayed as "social spending" that will create thousands of jobs
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Aug- 2018 -6 AugustAsia Pacific
Taiwan allocates 21% of 2019 defense budget to indigenous weapons
Taiwan will set aside more than 21% of its defense budget next year for the development of indigenous weapons, President Tsai Ing-wen said
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Jul- 2018 -13 JulyEurope
NATO summit fails to bring to clarity on defense spending or future membership
The NATO summit ended with a strong joint communique on Russia but no clear vision for the future of defense spending or expanding membership
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May- 2018 -7 MayCommentary
Assessing Azerbaijan’s indigenous defense industry capabilities
As Azerbaijan accelerates defense spending, Ayaz Rzayev takes an in-depth look at the state’s military-industrial capacity and cooperation with nations including Israel, Turkey, South Africa and Russia
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2 MayEurope
NATO accounts for more than half of global military spending
NATO member states accounted for more than half of the world's total military spending last year, driven in part by tensions with Russia along the alliance's eastern frontier, according to a new report
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Apr- 2018 -18 AprilCommentary
Why does Iran need ballistic missiles?
Iran's ballistic missiles are the key defensive weapon and are at the same time an offensive element of its deterrence strategy, Sirous Amerian argues.
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Mar- 2018 -19 MarchPolitics
‘We will not allow any arms race’ – Putin says Russia will reduce military spending
Ruling out an 'arms race', Russian President Vladimir Putin said on Monday that the country would cut its military spending, a day after he won a presidential election
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6 MarchAsia Pacific
China to boost defense spending by 8.1% in 2018
China announced an 8.1 percent defense budget increase for 2018, giving a boost to the modernization of the world's largest military after spending slowed in the previous two years
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Feb- 2018 -1 FebruaryAsia Pacific
India’s defense spending to increase over 7.8% in 2018
India’s military spending is set to increase under the 2018-19 budget unveiled on Thursday. The defense sector has been allocated 2,95,511.41 crore rupees (29 billion rupees, $454 million) – 12.10 percent of the total central government expenditure – in the budget Finance Minister Arun Jaitley presented to parliament. The budget is a 7.81 percent increase over the amount allocated for 2017-18. Capital expenditures including defense purchases were set at 99,947 crore rupees. A recent report from the Parliamentary Standing Committee on Defence found that the capital budget for the Indian Air Force was 46 percent lower than required, while the Army’s budget was 41 percent lower and the Navy’s was 32 percent. NDTV reported on Wednesday that India’s $250-billion military modernization is also in trouble as Prime Minister Narenda Modi has failed to fix the country’s disfunctional defense procurement system. Jaitley noted that the government is continuing to emphasize the military’s operational capacity, and said a number of initiatives have been undertaken to advance Modi’s “Make in India” program. India is the world’s largest defense importer, and Modi has sought to make it more self-reliant and an eventual arms exporter. The ‘Make II’ strategy includes significant transfer of technology in defense acquisition, encouraging …
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