Global Military Spending - NEWS ONLY

www.france24.com

US House approves long-awaited $61 billion Ukraine aid package

Lawmakers in the US House of Representatives on Saturday quickly passed legislation to provide military aid to Ukraine, Israel and Taiwan, and to ban TikTok if it fails to divest from its Chinese parent…
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The bill also allows Biden to confiscate and sell Russian assets and provide the money to Ukraine to finance reconstruction, a move that has been embraced by other G7 nations.
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The bill also allows Biden to confiscate and sell Russian assets and provide the money to Ukraine to finance reconstruction, a move that has been embraced by other G7 nations.
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I suspect that that will end up backfiring badly in the long term.
 
breakingdefense.com

Global military spending hits 'all-time high' of $2.4 trillion: SIPRI report - Breaking Defense

The US remains the world’s largest defense spender, outlaying $916 billion last year, a 2.3 percent annual increase, ahead of China in second place, which spent an estimated $296 billion, a 6 percent increase over the same period.
breakingdefense.com breakingdefense.com

Grey Havoc said:
I suspect that that will end up backfiring badly in the long term.
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Nah. The rather extreme conditions surrounding it are unlikely to shake faith in the dollar (because frankly they're not relevant to the vast majority), and no other potential currency vendors would behave differently in the same circumstances.
 
Closely following defense technology for 40+ years it seems I’ve seen this cycle 20 times. First US must invest in advanced defense technology to maintain military edge over adversaries (or something close to this) followed by:

 
If I'm a business looking to invest a lot of money, why on earth would I build the factory before I've had my permit application accepted? That's a lot of risk.

The problem here is the length of time to get the permit, just deferring the decision doesn't help.
 
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www.defensenews.com

How to further strengthen the Defense Production Act

Opinion: It is essential to keep DPA focused exclusively on defense and national security issues, in particular threats from our pacing competitor, China.
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www.defensenews.com

Congress should approve Pentagon’s latest multiyear procurement pitch

Opinion: Why aren’t block buy and multiyear purchases used much more often by the Defense Department?
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breakingdefense.com

German Defense Minister: Restart conscription, pursue 3 percent GDP on defense - Breaking Defense

German Defense Minister Boris Pistorius encouraged allies, including the US, to “arrive” at military expenditure of 3 percent GDP – though declined to put forward a timeline for such change to occur.
breakingdefense.com breakingdefense.com
 
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GTX said:
www.armyrecognition.com

UK's naval expansion: 25 new vessels as Defence budget rises to 2.5% o

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It's important to remember that that's a Tory plan/announcement (it seems to be referring to the recent speech by Grant Shapps, the Defence Minister) and the polls currently give them somewhat less than a snowball's chance in hell of being in power beyond the next general election, which has to occur no later than the 28th of January. There are a lot of policies being announced that are designed to appeal to Tory supporters on the doorstep, rather than genuinely intended to be implemented, or actually being anything new. This falls into the second category.

www.defensenews.com

UK Navy to buy six vessels, enter new ‘golden age’ of shipbuilding

The country also plans to give its future frigates the ability to attack land-based targets.
www.defensenews.com www.defensenews.com

Seems to confirm that the ships in question are those already expected - Type 26, Type 31, the last two Astutes, Dreadnoughts, MRSS, Fleet Solid Support Ship, there's no flag-waving about any new classes such as Type 32 and Type 83.
 
GTX said:
www.armyrecognition.com

UK's naval expansion: 25 new vessels as Defence budget rises to 2.5% o

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www.armyrecognition.com www.armyrecognition.com
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Says 28 here:
The six new vessels are part of a programme of 28 ships and submarines being built or in the pipeline for Britain's Navy, which Shapps said represented "a new Golden Age for British shipbuilding".
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www.defensenews.com

Pentagon acquisition can no longer ignore the industrial base

Opinion: The industrial base cannot be considered in isolation. It needs to be a part of the holistic way the Pentagon does acquisition.
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Hood said:
Can say what it likes, if there ain't no sailors to sail 'em it's pointless.
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Absolutely, despite banging on about increasing the defence budget, the Tories are still cutting service numbers (Army down to 73k from 82k, Argyll and Westminster being withdrawn for lack of crews to operate them), and this year's defence budget is down, not up.

ukdefencejournal.org.uk

Britain appears to cut defence budget during war in Europe

The UK is just about the only major European country which is not increasing its defence budget.
ukdefencejournal.org.uk ukdefencejournal.org.uk

www.voanews.com

In Rare Intervention, US Urges Britain to 'Reassess' Cuts to Armed Forces

US Navy Secretary highlighted threats from Russia, China and Middle East
www.voanews.com www.voanews.com

(If you study the history of defence cuts in the UK, the Tories are reliably the worst, despite their claims that they are the party that's strong on defence).
 
DWG said:
Absolutely, despite banging on about increasing the defence budget, the Tories are still cutting service numbers (Army down to 73k from 82k, Argyll and Westminster being withdrawn for lack of crews to operate them), and this year's defence budget is down, not up.

ukdefencejournal.org.uk

Britain appears to cut defence budget during war in Europe

The UK is just about the only major European country which is not increasing its defence budget.
ukdefencejournal.org.uk ukdefencejournal.org.uk

www.voanews.com

In Rare Intervention, US Urges Britain to 'Reassess' Cuts to Armed Forces

US Navy Secretary highlighted threats from Russia, China and Middle East
www.voanews.com www.voanews.com

(If you study the history of defence cuts in the UK, the Tories are reliably the worst, despite their claims that they are the party that's strong on defence).
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Is the UK including Ukraine aid in their defence spending though? I'm sure some nations are. That could add 0.2%.
 
Forest Green said:
Is the UK including Ukraine aid in their defence spending though? I'm sure some nations are. That could add 0.2%.
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No idea, but if they are then things are even worse.
 

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