Where NATO members rank on defense spending
President Trump has called on NATO allies to increase their defense spending to 5 percent, with only three countries ...
Putin Says Russia Open to Cutting Military Spending Alongside US, China
The Russian president says he agrees with Donald Trump's aim to slash arms expenditure by 50 percent, after peace is achieved ...
Stars and Stripes1d
House narrowly passes budget resolution containing $100B for defense
The House on Tuesday narrowly adopted a budget blueprint that would invest an additional $100 billion in defense in the next ...
Defense secretary orders military to prepare for major budget cuts
Defense Secretary Pete Hegseth has ordered the military to prepare plans to make drastic budget cuts over the next five years ...
Constellium May Benefit From Both U.S. Tariffs And European Defense Spending
Constellium SE stands to benefit from U.S. tariffs on aluminum, boosting local demand and enabling price increases. Read why ...
Hegseth wants Pentagon to cut 8% from defense budget for each of the next 5 years
Defense Secretary Pete Hegseth has told the Pentagon to find $50 billion in programs to cut this year, to redirect funds to ...
Military.com5d
Republicans Advance Massive Defense Budget Boost as Pentagon Eyes 'Offsets'
A debate is brewing in Congress over the future of the defense budget as Republicans look to add up to $150 billion more to ...
Defense leaders ordered to find budget cuts to ‘align with the president’s priorities’
Defense Secretary Pete Hegseth said Trump gave his department “clear marching orders: revive warrior ethos, rebuild our ...
Sterling edges lower versus dollar, eyes on military spending
Sterling edged lower against a strengthening dollar and held steady versus the euro a day after the British government's ...