Global Military Spending - NEWS ONLY

[Forest Green]

DARPA eyes creation of next-generation semiconductor manufacturing hub

DARPA hopes the program, dubbed Next-Generation Microelectronics Manufacturing, will give the U.S. industrial base a leading technological edge.

www.defensenews.com

 

[bobbymike]

Riding a Defense Budget ‘Bow Wave’

Riding a Defense Budget ‘Bow Wave’

www.nationaldefensemagazine.org

 

[Forest Green]

Canada to buy up to 16 Boeing spy planes

Ottawa (AFP) Nov 30, 2023 - Canada will buy up to 16 spy planes from Boeing to replace an aging fleet and counter adversaries' increasingly stealthy and lethal capabilities near its coasts and overseas, officials said Wednesday.

www.spacewar.com

 

[bobbymike]

Still only 3.2% of GDP

US Congress Passes Huge $886B Defense Budget for 2024

The US Congress approved a staggering defense budget of $886 billion for 2024, while also extending a controversial overseas electronic surveillance system.

www.thedefensepost.com

 

[Forest Green]

Finland to double ammunition production, build new factories

The plan is in line with European pledges to increase military aid for Ukraine.

www.defensenews.com

 

[GTX]

Japan’s Defense budget to reach unprecedented amount of $54 Bn in 2024 | Defense News December 2023 Global Security army industry | Defense Security global news industry army year 2023 | Archive News year

Japan’s Defense budget to reach unprecedentd amount of $54 Bn in 2024

www.armyrecognition.com

 

[Forest Green]

$56bn according to this.

Japan to send Patriot missiles to US after Cabinet approves $56bn defense budget

Japan’s defense spending to increase more than 16 per cent next year under record military budget

www.independent.co.uk

 

[Forest Green]

Turkey’s defense, aerospace exports rose by 25% last year

The sector's foreign sales totaled $5.5 billion in 2023, according to a report by the Turkish Exporters Assembly.

www.defensenews.com

 

[bobbymike]

US defense spending below pre-war level, at historic lows — Princeton Policy Advisors

Reading the press, one might think US defense spending has reached astronomical heights. Take, for example, Barrons' latest piece on the topic, US Congress Passes Huge $886 Bn Defense Budget For 2024 . One would think that the US is all-in for some cataclysmic

www.princetonpolicy.com

 

[Forest Green]

https://twitter.com/x/status/1747129065163587697

View: https://twitter.com/defense_news/status/1747129065163587697?s=20

 

[Forest Green]

Biden hosts Hill leaders as Congress inches toward Ukraine deal

Speaker Mike Johnson indicated an openness to trading Ukraine aid for immigration policy changes after a White House meeting, despite House GOP skepticism.

www.defensenews.com

 

[Forest Green]

Japan inks deal to buy 400 long-range missiles from US

Tokyo (AFP) Jan 18, 2024 - Japan signed a deal with its ally the United States on Thursday to buy 400 long-range Tomahawk missiles as it ramps up its military capacity to counter regional security threats.

www.spacewar.com

 

[Forest Green]

https://twitter.com/x/status/1748799540197478659

View: https://twitter.com/astraiaintel/status/1748799540197478659?s=20

 

[Forest Green]

https://twitter.com/x/status/1749884580323037243

View: https://twitter.com/AirPowerNEW1/status/1749884580323037243?s=20

 

[Forest Green]

MBDA secures contracts to fortify Royal Navy's against ballistic threats

London, UK (SPX) Jan 23, 2024 - The Royal Navy is set to significantly enhance its air defense capabilities with a recent GBP400 million investment in the Sea Viper principal area air defense system. This initiative, aimed at rein

www.spacewar.com

 

[Forest Green]

Special aid tool for Israel approved for Taiwan’s use, but not Ukraine

Taiwan can now use U.S. aid to grow its own defense industry, a benefit only Israel has had before. But funding remains stalled amid the Ukraine debate.

www.defensenews.com

 

[Forest Green]

So, win a bid, and then completely change everything after you've won. A bit like promising a bunch of impossible BS to win an election and then not sticking to any of the promises surely.

No more ‘must-wins’: Defense firms growing warier of fixed-price deals

Multiple defense firms are slamming fixed-price contracts as bad deals, and warning they might walk away from such competitions.

www.defensenews.com

https://twitter.com/x/status/1751115364165935263

View: https://twitter.com/defense_news/status/1751115364165935263?s=20

 

[zevets]

So, win a bid, and then completely change everything after you've won. A bit like promising a bunch of impossible BS to win an election and then not sticking to any of the promises surely.

No more ‘must-wins’: Defense firms growing warier of fixed-price deals

Multiple defense firms are slamming fixed-price contracts as bad deals, and warning they might walk away from such competitions.

www.defensenews.com

https://twitter.com/x/status/1751115364165935263

View: https://twitter.com/defense_news/status/1751115364165935263?s=20

I genuinely hope we have nasty cancellation penalties in those contracts. The US needs to shake up its industrial base, and if our contractors corporate leadership can no longer figure out the price of what it takes to build systems to spec and on time, then the executives need to be fired, the companies split up and new leadership put in place.

Sadly, while this is in the interest of both of our national security and the shareholders, it is not in the interest of congress.

 

[bobbymike]

BUDGET MATTERS: The Guessing Game of Shipbuilding Costs

BUDGET MATTERS: The Guessing Game of Shipbuilding Costs

www.nationaldefensemagazine.org

 

[Hood]

Industry has been crying about fixed price contracts since the 1950s.
Either put in realistically priced bids or produce on time and budget. Other industries seem to manage to.

 

[Forest Green]

https://breakingdefense.com/2024/01...les-deals-mushroomed-to-80-9-billion-in-2023/

Russia’s Boom Business Goes Bust

Moscow’s arms exports have fallen to levels not seen since the Soviet Union’s collapse.

foreignpolicy.com

Russian Arms Exports Reach $211 Bln in 2000-2023 Sales

Russia continues to reap huge profits from its vast arms export system abroad, according to data from Rosoboronexport.

sputniknews.in

 

[Forest Green]

France orders €1.1 billion of cannons, vehicles and helicopters

France has budgeted €413 billion euros for the armed forces in its 2024-2030 military programming law, a 40% increase over the previous period.

www.defensenews.com

https://twitter.com/x/status/1753445178956775455

View: https://twitter.com/defense_news/status/1753445178956775455?s=20

France orders €1.1 billion of cannons, vehicles and helicopters

France has budgeted €413 billion euros for the armed forces in its 2024-2030 military programming law, a 40% increase over the previous period.

www.defensenews.com

 

[Forest Green]

What’s next for the US-Philippines basing agreement?

The Philippines is expected to work on dozens of projects this year to upgrade military bases as part of an agreement with the United States.

www.defensenews.com

 

[Forest Green]

https://twitter.com/x/status/1754578118432764094

View: https://twitter.com/DLT649/status/1754578118432764094?s=20

Wicker laying groundwork to push for defense spending to be 5% of GDP | InsideDefense.com

Some of Washington’s top conservatives gathered at the Heritage Foundation today to lament the think tank’s annual assertion that the U.S. military is underfunded and too small, with Sen. Roger Wicker (R-MS) calling for the federal government to “go big” and put 5% of the gross domestic product...

insidedefense.com

 

[Forest Green]

https://twitter.com/x/status/1755231450524242017

View: https://twitter.com/defense_news/status/1755231450524242017?s=20

Adopt a treaty for semiconductor export control

Opinion: The absence of a robust global semiconductor export control regime leaves the United States vulnerable in the technological race.

www.defensenews.com

 

[Forest Green]

This is a nice stat for Trumpists.

https://twitter.com/x/status/1755348360511226271

View: https://twitter.com/andrew_danieri/status/1755348360511226271?s=20

 

[Forest Green]

GMV Leads Multinational Effort in Revolutionary CONVOY Defense Project

Madrid, Spain (SPX) Feb 08, 2024 - The European Defence Fund (EDF) has embarked on a groundbreaking initiative with the CONVOY project, spearheaded by the multinational technology firm GMV. With an allocation of approximately euro 4

www.spacewar.com

 

[Forest Green]

Poland – Aerostat Systems | Defense Security Cooperation Agency

www.dsca.mil

https://twitter.com/x/status/1755332925359317260

View: https://twitter.com/ColbyBadhwar/status/1755332925359317260?s=20

 

[Pioneer]

US Army spent billions on a new helicopter that now will never fly

The U.S. Army is ending its latest effort to build a new armed scout helicopter, known as the Future Attack Reconnaissance Aircraft, an abrupt change of direction that marks one of the department’s most significant program cancellations of the last decade.

The service had already spent at least $2 billion on the program and had requested another $5 billion for the next five years, according to budget documents......

US Army spent billions on a new helicopter that now will never fly

The Army said it sees the cancellation of the FARA program as an adjustment to technological advancements and the changing character of warfare.

www.defensenews.com

Wow, yet again another stupendous amount spent on yet another cancelled program.

Regards
Pioneer

 

[Forest Green]

Europe's becoming Ukraine's arsenal as Scholz urges 'mass production' of arms

Paris (AFP) Feb 12, 2024 - European nations have pumped billions into defence spending and military aid since Russia's invasion of Ukraine, but analysts say the continent's defence industry is still far from able to supply Kyiv alone.

www.spacewar.com

 

[Forest Green]

US Army spent billions on a new helicopter that now will never fly

The U.S. Army is ending its latest effort to build a new armed scout helicopter, known as the Future Attack Reconnaissance Aircraft, an abrupt change of direction that marks one of the department’s most significant program cancellations of the last decade.

The service had already spent at least $2 billion on the program and had requested another $5 billion for the next five years, according to budget documents......

US Army spent billions on a new helicopter that now will never fly

The Army said it sees the cancellation of the FARA program as an adjustment to technological advancements and the changing character of warfare.

www.defensenews.com

Wow, yet again another stupendous amount spent on yet another cancelled program.

Regards
Pioneer

Nobody really thought about the requirements much TBH. What advantages would it offer over a modernised Apache with off-board drone sensor and longer range NLOS missiles. But yeah, waste of money, could have at least spent it on developing laser satellites - the very worst that could happen is the same that happened here anyway.

 

[Forest Green]

NATO to showcase spending rise in riposte to Trump

Brussels (AFP) Feb 14, 2024 - NATO chief Jens Stoltenberg will on Wednesday detail increased defence spending by members of the alliance, rattled after Donald Trump threatened to encourage Russia to attack countries paying too little.

www.spacewar.com

 

[Forest Green]

 

[Forest Green]

 

[Forest Green]

Russia’s maxed-out arms makers face labor, tech shortages

As the war against Ukraine enters is third year, Moscow's carefully orchestrated image as a defense-industrial juggernaut is facing headwinds.

www.defensenews.com

 

[Forest Green]

Sub Boise will begin its overhaul nine years late, with $1.2B contract

Submarine Boise will begin its maintenance overhaul — originally meant to start in fiscal 2016 — after the Navy awarded HII a $1.2 billion contract.

www.defensenews.com

Italian parliament OKs frigate, Leopard tank deals

The new buys, approved Feb. 21, are part of a uptick in Italian military spending partly spurred by the Ukraine conflict.

www.defensenews.com

 

[Forest Green]

Europeans are building a war economy. Can they master it?

Are vendors charging more now because they must, or because they can?

www.defensenews.com

 

[Forest Green]

https://twitter.com/x/status/1762085131865526351

View: https://x.com/defense_news/status/1762085131865526351?s=20

 

[Forest Green]

France orders 3,000 camouflage nets for cloaking foxhole radio signals

Detection by way of electromagnetic emissions is a constant danger faced by Ukrainian forces in their defense against Russian invaders, analysts have said.

www.defensenews.com

 

[totoro]

China expected to set moderate defense budget growth for 2024 - Global Times

www.globaltimes.cn

This suggests China's 2024 budget increase might be very close to last year's.