Global Military Spending - NEWS ONLY

[Forest Green]

Nukes, helos and amphibs: House authorizers pass their $874B policy bill 58-1 - Breaking Defense

With a GOP-controlled House and a Democrat-controlled Senate, nothing in the bill is final until the last minute conference negotiations are completed, but here are the key issues to watch.

breakingdefense.com

 

[Forest Green]

Key House committee passes divisive $886 billion national security spending bill - Breaking Defense

One Republican-backed amendment funds a special inspector general for Ukraine spending, while a Democrat-backed add-on targets "excessive contractor payments."

breakingdefense.com

 

[Forest Green]

Poland to buy US Patriot missile defense systems worth $15 bn

Washington (AFP) June 28, 2023 - Poland will buy advanced Patriot missile defense systems worth up to $15 billion in a deal announced Wednesday by the Pentagon.

www.spacewar.com

US clears Norway for $293 million small diameter bomb sale to equip F-35 fleet - Breaking Defense

Separately, the US cleared a potential $15 billion sale to Poland for Patriot air defense systems and related equipment.

breakingdefense.com

 

[Forest Green]

Naval surveillance to EW: European Union approves nearly $1 billion to fund over 40 defense projects - Breaking Defense

Air, naval and space-based early warning projects are among the most high-profile efforts to receive funding.

breakingdefense.com

 

[bobbymike]

New Study: USAF Needs Big Cash Infusion to Overcome Aging Fighter Fleet

WIthout a surge in funding for newer, better, and larger numbers of fighters, the USAF fighter fleet could “collapse,” a new paper argues.

www.airandspaceforces.com

 

[Forest Green]

https://twitter.com/x/status/1676564349505216512

View: https://twitter.com/AirPowerNEW1/status/1676564349505216512?s=20

 

[bobbymike]

Buying Power Is the Invisible Shortfall of the 2024 Defense Budget Request​

https://www.realcleardefense.com/articles/2023/07/08/buying_power_is_the_invisible_shortfall_of_the_2024_defense_budget_request_964806.html?mc_cid=8c2713b874&mc_eid=307947a252

 

[Forest Green]

https://twitter.com/x/status/1678984639522951168

View: https://twitter.com/cameron19460429/status/1678984639522951168?s=20

 

[Forest Green]

Command paper: UK to invest nearly $3.5B in new weapons stockpiles - Breaking Defense

Under the new plans, the MoD also vowed to become a “science and technology superpower” by enhancing robotics, human augmentation and directed energy weapons capabilities.

breakingdefense.com

 

[Atul]

US State Dept. clears $2.9 billion sale of missiles to Germany - Defence News

WASHINGTON — The U.S. State Department has approved a sale to Germany of air-to-air missiles worth an estimated $2.9 billion.

world-defence.com

 

[Forest Green]

Germany and Sweden to buy over 1,200 air to air missiles

Germany and Sweden to acquire 1,219 AMRAAM air-to-air missiles in deals totalling $3.5 billion.

ukdefencejournal.org.uk

 

[Forest Green]

https://twitter.com/x/status/1684035862139645952

View: https://twitter.com/AirPowerNEW1/status/1684035862139645952?s=20

 

[Forest Green]

Hanwha defeats Rheinmetall for $5-7 billion Aussie infantry fighting vehicle deal - Breaking Defense

SYDNEY — Australia moved to further cement its increasingly close ties with South Korea, awarding artillery giant Hanwha a $5-7 billion AUD ($3.38 billion US) contract for infantry fighting vehicles meant to replace the country’s ancient M113 fleet. “The LAND 400 Phase 3 project will have a...

breakingdefense.com

 

[Forest Green]

https://twitter.com/x/status/1684763119912992768

View: https://twitter.com/defense_news/status/1684763119912992768?s=20

 

[Forest Green]

RTX, Rafael eye Arkansas site to make air defense missiles

The two companies toured a Camden, Arkansas, site where they may decide to build the Tamir and SkyHunter intercept weapons.

www.defensenews.com

 

[Forest Green]

Exclusive-Russia doubles 2023 defence spending plan as war costs soar-document

Russia has doubled its 2023 defence spending target to more than $100 billion - a third of all public expenditure - a government document reviewed by Reuters showed, as the costs of the war in Ukraine spiral and place growing strain on Moscow's finances.

www.reuters.com

 

[bobbymike]

Can we spend 1/3 of the $6.9 trillion 2024 budget or about $2.3 trillion
https://www.shephardmedia.com/news/landwarfareintl/us-senate-to-provide-additional-532-million-to-modernise-abrams-mbt-fleet-in-fy2024/#:~:text=The%20extra%20funds%20will%20enable,US%20Army's%20FY2024%20budget%20request.

 

[Pioneer]

[Australian] Department of Defence racks up $26 billion contracting bill

'It's a Gordian knot': Defence racks up $26 billion contracting bill

One expert thinks we should see spending as an 'insurance policy'.

www.canberratimes.com.au

Regards
Pioneer

 

[Forest Green]

Top 100 | Defense News, News about defense programs, business, and technology

people.defensenews.com

 

[Forest Green]

https://twitter.com/x/status/1688858530999070720

View: https://twitter.com/NOELreports/status/1688858530999070720?s=20

 

[jsport]

Poll says confidence in US military lowest in 25 years

The numbers from a recent Gallup poll show confidence in the U.S. military at 60%, the lowest it has been in 25 years.

www.militarytimes.com

 

[Forest Green]

Confidence is relative to threat. Threat has increased.

 

[bobbymike]

Confidence is relative to threat. Threat has increased.

Is it higher or lower than during the Cold War the, from a psychological standpoint, the greatest military threat environment the nation ever faced.

 

[Arjen]

Cuban missile crisis?

 

[Forest Green]

Is it higher or lower than during the Cold War the, from a psychological standpoint, the greatest military threat environment the nation ever faced.

Probably higher in some regards - two rivals of similar firepower rather than one, more nuclear rivals - and two points with a very high risk of escalation, maybe even three.

 

[Forest Green]

BAE agrees to buy Ball Aerospace for $5.55 billion

London (AFP) Aug 17, 2023 - British military equipment maker BAE Systems announced on Thursday that it had agreed to buy US company Ball Aerospace from the Ball Corporation for about $5.55 billion.

www.spacewar.com

 

[Forest Green]

US research interests closely tied to microelectronics industrial base

The Biden administration recently issued its research and development priorities for the fiscal 2025 budget.

www.defensenews.com

 

[Forest Green]

GOP defense bill bars Pentagon from enacting Biden’s climate orders

The House NDAA bars the Defense Department from implementing Biden's climate orders, but many of its activities that reduce emissions may continue anyway.

www.defensenews.com

 

[GTX]

South Korea Government Plans 4.5 Percent Rise for 2024 Defense Budget

The South Korean government has approved a defense ministry request to raise the topline defense budget by 4.5 percent nominally year-on-year in 2024. The government intends to submit the budget pr…

dsm.forecastinternational.com

 

[Forest Green]

Saab buys British artificial intelligence specialist BlueBear

The Swedish-based company looks to expand its footprint in a fast-moving military market.

www.defensenews.com

 

[Forest Green]

Japan's Defense Ministry seeks record $53B military budget for 2024

Washington DC (UPI) Aug 31, 2023 - The Japanese Defense Ministry on Thursday requested its largest-ever defense budget following record defense spending last year in response to threats from China, North Korea and Russia.

www.spacewar.com

 

[Forest Green]

Bloomberg - Are you a robot?

https://twitter.com/x/status/1699385626468991353

View: https://twitter.com/HoansSolo/status/1699385626468991353?s=20

Bulgaria wants to negotiate $1.5 billion Stryker deal with US

Sofia aims to establish a heavy mechanized brigade as a contribution to NATO's defense of the Black Sea region.

www.defensenews.com

 

[Forest Green]

Poland buys hundreds of Naval Strike Missiles in $2 billion deal

The contract will enable the military to boost its coastal defense capabilities along the Baltic Sea.

www.defensenews.com

Poland to spend over 4% of GDP on defence in 2024

Warsaw (AFP) Sept 5, 2023 - Poland's President Andrzej Duda said Tuesday the NATO member plans to spend more than four percent of its gross domestic product on defence next year amid security concerns over the war in neighbouring Ukraine.

www.spacewar.com

 

[Forest Green]

Raytheon to max out AMRAAM production for ‘foreseeable future,’ exec says - Breaking Defense

A Raytheon spokesperson said an upgraded domestic variant of the missile would be fielded “by the end of the year,” with an international variant expected to pass a critical milestone in “late 2023 or early 2024.”

breakingdefense.com

 

[jsport]

Mark Milley’s bureaucratic proposals could lose us the next war

Centralizing force design through a “future jointness czar” is not strategic wisdom — it is hubristic, bureaucratic policymaking.

thehill.com

 

[Forest Green]

https://twitter.com/x/status/1700415000848834972

View: https://twitter.com/defense_news/status/1700415000848834972?s=20

 

[jsport]

China Is Closing In on Itself

The absence of foreigners in the country is a symptom of China’s restrictive, security-driven view of the world.

foreignpolicy.com

Gordon Chang just stated a European industry leader just expressed that Xi seems to be implying the PRC is "walling off/closing down for good" under Xi.. Given the recent response to US business demand to open up one must fear ear we are dealing w/ two Asian leaders which are literally, globally (in both senses) irrational.. Western Defense spending might want to get serious.

 

[GTX]

Sweden to Boost 2024 Defense Spending by 28%

STOCKHOLM --- In the Budget Bill for 2024, the Government proposes additional funding to military defence amounting to approximately SEK 700 million. ...

www.defense-aerospace.com

 

[GTX]

Clouds Loom Over Germany's 2024 Defence Budget

PARIS --- The release at the beginning of July of the German draft Defence budget for 2024, and the list of weapon systems financed by the Special Fund,...

www.defense-aerospace.com

 

[Forest Green]

U.S. aims to make 100,000 artillery shells per month in 2025, US official says

The U.S. plans to increase monthly production of 155 millimeter artillery shells over the coming years to 100,000 in 2025, the Pentagon's chief weapons buyer said on Friday.

www.reuters.com