Trump touts a $1 trillion defense budget, a $1,776 troop bonus and a tougher stance on Iran in his 2026 State of the Union.

Russian defense spending could potentially fall this year from "a very, very high point," said Fenella McGerthy, an expert on defense economics at IISS.

European defense spending increased at a record pace in 2025, outpacing Russian military outlays, according to a new assessment.

A British think tank says global defense spending in 2025 has reached a record 2.63 trillion dollars, up 2.5 percent from the ...

Washington remains the world’s largest military spender, at 36% of global spending last year, a new report found. But real-terms expenditure was down 7.1% in 2025. Meanwhile, Europe’s share rose from ...

Congress added billions of dollars beyond the Pentagon’s budget request for research and procurement projects that receive little scrutiny.

Canada is seeking to create 125,000 jobs and increase corporate revenue by billions annually by ensuring domestic firms receive priority from a sizable increase in defense spending.