A Newsweek graph illustrates how U.S. defense spending has declined since the last era of great power competition ended with the Cold War. "The United States faces the most challenging and ...

Our chart below shows the dramatic funding ... But that’s still in the neighborhood of just 60% of the United States' military spending. Russia, mired in an ongoing war with Ukraine, spent ...

The US and NATO leadership pushed to increase the alliance’s spending target from 2% of each member country’s GDP to 5%.

The Defense Department has yet to submit a detailed budget proposal to Congress but the House is moving forward with a ...

U.S. Ambassador to NATO Matthew Whitaker said a deadline had yet to be set for member countries to hit a benchmark of ...

Global defense spending is escalating, with a new defense supercycle anticipated to stimulate revenue and profitability in the US and Europe. The top 15 global defense contractors have a ...

US military spending surged to $997 billion in 2024, the largest nominal figure of any country in world history, according to figures released this week by the Stockholm International Peace ...

A bipartisan commission has urged Washington to increase military spending in proportion with the potential threats to international order posed by near-peer adversaries, most notably China.