Increased spending in Europe was the main driver of global spending growth. The U.S. kept its spot as the world's top defense spender, splurging $954 billion in 2025 alone. Defense stocks rallied ...

Global military spending surged by almost 3% in 2025, fueled largely by ballooning defense expenditures in Europe and Asia, according to a report released Monday by a respected arms watchdog group.

A trillion-dollar defense budget sounds like something that lives far away from ordinary life, locked inside committee rooms and Pentagon binders. But money that large does not stay in Washington. It ...

This article was written by Bloomberg Economics Senior Geoeconomics Analyst Antonio Barroso and Defense Lead Becca Wasser. It appeared first on the Bloomberg Terminal. The upswing in defense budgets ...

VIENNA - Britain will pour more than £63 billion ($84 billion) into its nuclear deterrent over the next four years, the government confirmed this week. The June 30 announcement comes as part of a £15 ...

Defense spending will continue to be a major topic in discussions at the 2026 NATO Summit in Ankara, Turkey, from July 7 to 8. The 2025 summit in The Hague concluded with a commitment by allies to ...