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You Searched For "defense budget" and got 20 results


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2 mins read

Putin gave a niece with no military experience a key defense job: UK Intel

The Kremlin announced in August that Putin had appointed Anna Tsivileva, the daughter of Putin's co…

Tom Porter   


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7 mins read

Trump's 'multi-tasking' defense is falling apart in court

Donald Trump's lawyers say he didn't pay attention to his checks reimbursing Michael Cohen for hush…

Jacob Shamsian   


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2 mins read

Europe needs to 'America-proof' its defense strategy, analyst says

A potential second term for Donald Trump has fueled discussions over the future of the US's role in…

Rebecca Rommen   


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2 mins read

Russia may have spent $1.3 billion on an aerial attack as inflation continues to soar in the country on the back of huge state defense spending

The Ukrainian air force said Russia fired 77 Kh-101 missiles in the attack — they cost an estimated…

Rebecca Rommen   


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2 mins read

Europe cannot keep assuming the US will fund its defense, European leader warns

US military support for Europe is crucial as "we are not able to do that ourselves," Lithuania's PM…

Sinéad Baker   


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3 mins read

Stock market closing: Markets take a cautious stance ahead of the budget

Grasim, UltraTech Cement, NTPC, HDFC and Mahindra and Mahindra were amongst the top gainers during …

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2 mins read

Europe is investing in defense in ways that were 'unimaginable' before Russia invaded Ukraine, Lithuanian PM says

Russia's invasion of Ukraine pushed many European countries to boost defenses in ways that were unt…

Sinéad Baker   


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2 mins read

Germany's plan to halve military aid to Ukraine is a gift to Trump, expert says

Germany's draft budget for 2025 would cut military aid to Ukraine by half. The optics are terrible,…

Mia Jankowicz   


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3 mins read

Ukraine is cranking out lots of homemade weapons but needs more of a key ingredient, defense industry official says

Ukraine's local defense industry has steadily contributed more of its own military hardware to Kyiv…

Jake Epstein   


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3 mins read

China's defense budget was reported as 3 times smaller than America's, but 2 analysts say the Pentagon is underselling Beijing's true military strength

The 2023 assessment didn't account for military research spending, or consider how China pays its s…

Matthew Loh   


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3 mins read

Russia would need to spend 6% of its entire 2024 budget to pay wounded soldiers and families of dead troops, 2 researchers estimate

Thomas Lattanzio and Harry Stevens used open-source information on casualties to estimate that Russ…

Matthew Loh   


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4 mins read

Defense tech startup Blue Halo makes lasers that shoot drones out of the sky. This is how it got the Army to buy them.

Blue Halo CEO Jonathan Moneymaker sat down with BI to discuss how his defense tech is snapping up c…

Polly Thompson   


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3 mins read

US Pacific bases and aircraft are wildly vulnerable to Chinese missile barrages that could overwhelm defenses, lawmakers warn

US lawmakers urged defense officials to address critical weaknesses in the Pacific, painting a blea…

Chris Panella   


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2 mins read

Palmer Luckey's start-up Anduril just proved it can challenge legacy defense contractors and win

The defense tech start-up beat legacy names like Boeing and Lockheed, proving just how important AI…

Polly Thompson   


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2 mins read

Matt Gaetz, MAGA loyalist, agrees with Democrats: McCarthy 'lied' to Biden on budget deal

The Florida Republican bashed his party's leadership on Sunday, again saying he plans to oust House…

Charles R. Davis   


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5 mins read

As Trump blasts NATO allies for not paying for defense, these front-line countries are readying for war

Some of the NATO states most at-risk for a Russian invasion are investing heavily in defenses.

Chris Panella   


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2 mins read

China is reportedly developing military drones that can split into 6 to overwhelm enemy defenses

A group of Chinese researchers from Nanjing University School of Aeronautics unveiled the designs l…

Polly Thompson   


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2 mins read

Biden administration set to propose largest Defense budget in US history as GOP pushes for spending cuts

Pentagon Comptroller Michael McCord told Politico that he anticipates the spending figure "will be …

John L. Dorman   


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Here's what Mark Cuban's $275.9 million in taxes would cover for the US government

Billionaire Mark Cuban came clean about the hefty chunk of change he paid in taxes this year, publi…

Erin Snodgrass   


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6 mins read

'Prudent, not populist' with a positive fiscal deficit surprise – market watchers, economists praise Interim Budget 2024

Finance Minister Nirmala Sitharaman presented the Interim Budget for 2024 before the country heads …