CHRISTCHURCH, New Zealand — The government of Singapore announced a 12.4% defense budget hike on March 3, with major new equipment on order.

Singapore's defense budget stands at an impressive $17.7 billion in 2025, showcasing a CAGR of 11.7% from 2021 to 2025. This upward trend underscores Singapore's dedication to fortifying its ...

This direction has led to a defence budget totalling $63bn over the five-year period. GlobalData Aerospace & Defense analyst Akash Pratim Debbarma said: “Singapore has long relied on ...

Singapore’s defense budget is set to increase by double digits for the fourth time in five years in 2025 as the city-state responds to a deteriorating global security environment.

Singapore’s army and navy look set to benefit from increases in the country’s defence budget, with submarines and IFVs on the shopping list. The Singapore Ministry of Defence (Mindef) has announced it ...

CHRISTCHURCH, New Zealand - The government of Singapore announced a 12.4% defense budget hike on March 3, with major new equipment on order. The island state's FY2025 defense budget is slated to ...

The report offers a comprehensive analysis of Singapore's defense sector, forecasting market size and growth trends until 2030. With a strong focus o Tuesday, 02 January 2024 12:17 GMT ...

The report offers a comprehensive analysis of Singapore’s defense sector, forecasting market size and growth trends until 2030. With a strong focus on modernization and strategic defense investments, ...