Global Military Spending - NEWS ONLY

Forest Green said:
Thanks to the banks in 2008 the US national debt is 50% of GDP higher than it otherwise would be. They pay 5% interest on debt, so the US is wasting an extra 2.5% GDP just on interest payments, which is >$700bn.
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hell yeah we got MMT bros in this forum

I think MMT is inevitable - as it gives an actionable path to weakening the US dollar as we re-arm for WW3 while "paying" for medicare.

Of course, a weak dollar means that probably 50-70% of Americans are worse off...
 
www.defensenews.com

Gulf countries beef up their undersea-warfare chops with European tech

French and Italian firms are on tap to supply sonar technology and miniature submarines to Saudi Arabia and Qatar, respectively.
www.defensenews.com www.defensenews.com

www.navalnews.com

Taiwan’s FY2025 defense budget : An overview of the new naval programs - Naval News

Taiwan defense ministry revealed its FY 2025 budget proposal to the public on September 10. Here is an overview of the naval systems programs.
www.navalnews.com www.navalnews.com

Not good. Whilst they've performed badly recently, I don't think having less defence companies would be a benefit to competition.
breakingdefense.com

Boeing's defense unit logs massive $2 billion in losses for third quarter - Breaking Defense

"In BDS [Boeing Defense Space and Security], our performance on fixed-price development programs is simply not where it needs to be," Boeing CEO Kelly Ortberg said.
breakingdefense.com breakingdefense.com
 
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German Navy procures additional RAM block 2B missiles - Naval News

RAMSYS was awarded a contract to produce additional 400 RAM Block 2B guided ship self-defence missiles for the German Navy.
www.navalnews.com www.navalnews.com

breakingdefense.com

DoD, SBA announce first group of funds for small business investments to shore up tech innovation - Breaking Defense

The Pentagon and the SBA plan to invest over $2.8 billion in more than 1,000 companies, which they declined to name.
breakingdefense.com breakingdefense.com

www.spacewar.com

Russia approves near 30 percent rise in defence spending

Moscow (AFP) Oct 24, 2024 - Russian lawmakers voted for a budget on Thursday that will see defence spending surge by almost 30 percent next year, as the Kremlin diverts huge resources to its Ukraine offensive.
www.spacewar.com
 
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www.theguardian.com

Defence secretary announces scrapping of £500m of vessels and drones to cut costs

John Healey said some had already been decommissioned in practice and confirmed retirement of some helicopters
www.theguardian.com www.theguardian.com

TLDR: it's mostly advanced withdrawal dates for hardware effectively already out of service or due to go out of service, with replacements scheduled, with a couple of exceptions. I think I saw a report somewhere that there will be no reduction in personnel.

HMSs Albion and Bulwark (LPD), already not expected to sail again despite withdrawal dates a decade out, to be replaced by MRSS

RFAs Wave Knight and Wave Ruler, already not expected to sail again.

HMS Northumberland (Type 23 FFG), not previously slated for withdrawal, but newly discovered structural problems reportedly make refit uneconomic - and Type 26 inbound.

Chinook HC1, eldest 14 examples to be withdrawn, were already due to be replaced by 14 new Chinook ERs (MH-47G derivatives)

Puma HC1, to be withdrawn when maintenance contract expires in May, due to be replaced by New Medium Helicopter, for which the AW-149 is the only remaining competitor.

Watchkeeper WK450 (reworked Elbit Hermes), not previously slated for withdrawal, but it's struggled to find a role since Afghanistan. Withdrawal claimed to be due to operations in Ukraine showing the design is obsolescent.
 
DWG said:
www.theguardian.com

Defence secretary announces scrapping of £500m of vessels and drones to cut costs

John Healey said some had already been decommissioned in practice and confirmed retirement of some helicopters
www.theguardian.com www.theguardian.com

Watchkeeper WK450 (reworked Elbit Hermes), not previously slated for withdrawal, but it's struggled to find a role since Afghanistan. Withdrawal claimed to be due to operations in Ukraine showing the design is obsolescent.
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Watchkeeper seems like an absolute dumpster fire of a project. Quite typical of UK defence spending near every program they do is a case study of how not to do it.

www.twz.com

Examining The Deployment Of The U.K.'s Troubled Watchkeeper Drones At Fort Bliss

Despite efforts to improve its Watchkeepers, the British Army has faced persistent problems with them and has a huge bill to show for it.
www.twz.com www.twz.com
 
Mr.T said:
Watchkeeper seems like an absolute dumpster fire of a project. Quite typical of UK defence spending near every program they do is a case study of how not to do it.

www.twz.com

Examining The Deployment Of The U.K.'s Troubled Watchkeeper Drones At Fort Bliss

Despite efforts to improve its Watchkeepers, the British Army has faced persistent problems with them and has a huge bill to show for it.
www.twz.com www.twz.com
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TWZ do seem a bit confused about the difference between the RAF and the Army at places in that article. But the gist seems to be that it was operability of the air vehicle that was the issue, which wasn't really a UK procurement issue given Watchkeeper's a Hermes 450 under the skin.
 
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Forest Green said:
https://twitter.com/x/status/1864036540017430678
View: https://x.com/MEaglen/status/1864036540017430678
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Expect similar workforce disruptions elsewhere, which will lead to shrinking an essential workforce already too small to meet customer demand. Hiring has been a persistent challenge for public and private Navy yards; Research by the GAO last year found that a “primary factor” in submarine and carrier maintenance delays at Navy shipyards is due to “workforce challenges such as not having enough people.”

Industries like shipbuilding, which demand significant touch labor by employees, are likely to be even more negatively affected when work is delayed due to a continuing resolution and employees don’t return. A spending stopgap measure not only imposes a hiring freeze on federal employees, but also leads to feast-and-famine contracting award cycles. This causes employers to ramp up hiring only to let those same employees go when there is a gap in production. Workflow fluctuations in the defense industrial base only aggravate hiring and retention of skilled labor.

the real issue above
 
In 1065, the military expenditures of the Chinese Song dynasty were equivalent to 83% of the national budget.

During its entire existence, the Roman Empire dedicated between 50 and 75% to the legions.

By the end of the seventeenth century, the Ottoman Empire was dedicating 60%.

Between 1685 and 1813 the British government devoted 75% of the budget to military expenditures.

Between 1630 and 1659 French expenditure was 90%.

Prussia devoted 91% between 1711 and 1800.

During World War I, France spent 77%, Germany 91%, Russia 48%, the UK 49% and the USA 47%.

During World War II, the UK reached 49% and the USA 47%.

During the 1970s, Soviet military spending was 32.5%.

At the beginning of the 21st century, the United States only spent 13% and today the average expenditure of humanity on medical systems is equivalent to 1.4 times the expenditure on defense.

We should not complain.:)
 
www.defensenews.com

EU-wide weapon buying boosts bloc’s defense spending to record in 2023

European Union countries increased defense spending by 10% to a record €279 billion ($293 billion) last year, according to the European Defence Agency.
www.defensenews.com www.defensenews.com

www.stripes.com

NATO readies countermeasures to combat Russian, Chinese hybrid warfare, bloc chief says

Countries in the U.S.-led NATO alliance must find new ways of countering the stepped-up efforts by Russia and China to destabilize Europe, a NATO official said.
www.stripes.com www.stripes.com
 
Justo Miranda said:
In 1065, the military expenditures of the Chinese Song dynasty were equivalent to 83% of the national budget.

During its entire existence, the Roman Empire dedicated between 50 and 75% to the legions.

By the end of the seventeenth century, the Ottoman Empire was dedicating 60%.

Between 1685 and 1813 the British government devoted 75% of the budget to military expenditures.

Between 1630 and 1659 French expenditure was 90%.

Prussia devoted 91% between 1711 and 1800.

During World War I, France spent 77%, Germany 91%, Russia 48%, the UK 49% and the USA 47%.

During World War II, the UK reached 49% and the USA 47%.

During the 1970s, Soviet military spending was 32.5%.

At the beginning of the 21st century, the United States only spent 13% and today the average expenditure of humanity on medical systems is equivalent to 1.4 times the expenditure on defense.

We should not complain.:)
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That is kinda apples and oranges as for most of human history only reason taxes were even raised was to spend on military and miltary adjacent ,even if they were building roads or ports the primary function was for war , in past century or so that is not the case anymore .

Expenditure of your taxes on healthcare is magnitudes more useful to your every day life than paying for Raythen's stock buybacks.
 
www.spacewar.com

Germany approves record 20bn euros worth of defence gear

Berlin (AFP) Dec 18, 2024 - Germany's military will get more than 20 billion euros worth of new defence equipment, including four submarines, under a record package approved by the parliamentary budget committee Wednesday.
www.spacewar.com
breakingdefense.com

Germany flexes submarine muscle with additional 4 boat order - Breaking Defense

The German parliament approved the increased 212CD buy alongside a raft of other new defense spending commitments amounting to €21 billion.
breakingdefense.com breakingdefense.com
www.navalnews.com

Four Type 212CD Approved As Germany Increases Order

The German Parliament as part of a funding splurge on defence has approved an additional four Type 212CD submarines for the German Navy.
www.navalnews.com www.navalnews.com
www.defensenews.com

Germany triples submarine order to six boats in joint buy with Norway

The extra boats are in line with Germany's expanded defense and naval aspirations.
www.defensenews.com www.defensenews.com
 
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