defense spending

BAE Systems Awarded $116 Million to Develop UK Submarine

BAE Systems has been awarded an 85 million-pound contract to develop a next-generation submarine for the Royal Navy.

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UK to Unveil ‘Largest Military Investment’ in Three Decades

Prime Minister Boris Johnson will on Thursday unveil what is being billed as Britain's biggest program of investment in the armed forces since the end of the Cold War.

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US Fifth Generation Target Drone to Begin Test Flights

The Defense Department announced it will begin test flights of its much-anticipated Fifth Generation Aerial Target drone (5GAT) later this month at Dugway Proving Ground in Utah.

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Australia to Boost Defense Spending as China Tensions Rise

Australia will announce a substantial increase in defense spending and focus on projecting military power in the Indo-Pacific amid escalating tensions with China.

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Japan requests record $50 billion defense budget in eighth straight increase

Japan's defense ministry requested a record $50.3 billion budget for fighter jets and missile defense as the country eyes North Korea and China

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Japan looks to boost naval capabilities in face of emerging China submarine threat

With ships, drones and the F-35, Japan is expanding its anti-submarine warfare capabilities to counter China in the Indo-Pacific

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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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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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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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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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