Global Military Spending - NEWS ONLY

[Forest Green]

Defense tech companies can apply for Pentagon loans starting next year

The effort will help companies fund the construction and equipment needed to scale production of technologies the DOD deems critical to national security.

www.defensenews.com

 

[Forest Green]

Ireland draws up 'record' $1.5 billion defense budget - Breaking Defense

“This level of investment is critical in the current geopolitical situation,” said Micheál Martin, Irish deputy prime minister and defence minister

breakingdefense.com

 

[Forest Green]

Trump wants NATO to hit 3 percent GDP on defense. The US could fall short - Breaking Defense

In this op-ed, Dustin Walker and Mackenzie Eaglen of AEI assert that the US will struggle to keep hitting 3 percent of GDP spending if the budget doesn't expand dramatically.

breakingdefense.com

 

[Grey Havoc]

South Korea agrees to pay 8.3% more to host U.S. forces

Seoul had scrambled for a new deal ahead of possible Trump reelection

asia.nikkei.com

Dutch submarine buy from France to spark $1.1 billion in offsets

The Netherlands in March disclosed a budget of €5.65 billion to replace its aging Walrus-class submarines.

www.defensenews.com

 

[zevets]

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.

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...

 

[Forest Green]

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

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

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

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

 

[Forest Green]

Dutch to buy tanks for more than $1 billion, add Kongsberg air defense

The Dutch military is reactivating tank formations thought to be obsolete before Russia's invasion of Ukraine in early 2022.

www.defensenews.com

France eyes aircraft carrier, frigate order in 2025 spending plan

The French government has proposed to lift the 2025 defense budget to €50.54 billion (US$55 billion) from €47.23 billion this year.

www.defensenews.com

 

[Grey Havoc]

How A Small Cap Juggernaut Is Retooling The Power Grid And Helping Navy Ships Avoid Mines

Nearly 14 years ago, Wall Street wrote American Superconductor off for dead after a Chinese customer stole its tech and sales plunged. In the last year, its stock nearly tripled, but some institutions think its comeback may be just beginning.

www.forbes.com