Global military spending jumped more in 2024 than any year ... - CBS News

The wars in Ukraine and the Middle East, and pressure from Trump, helped drive a massive boost in global military spending last year, a Swedish think tank says. Read More

NATO leaders are set to agree a historic defense spending pledge, but the hike won't apply to all

In announcing Spain’s decision Sunday, Prime Minister Pedro Sánchez said the spending pledge language in NATO’s final summit communique — a one-page text of perhaps half ... is the world’s most ... Read More

What is NATO's new 5% defence spending target?

NATO members will be expected to spend 3.5% of their GDP on core defence such as troops and weapons – the items currently covered by the old 2% target. Read More

Hegseth says NATO ‘near consensus’ on 5% defense spending

Secretary of Defense Pete Hegseth expressed confidence that NATO allies will agree to increase the minimum defense spending requirement, which the Trump administration has advocated. Since his ... Read More

World’s military spending rises at highest rate in nearly four ...

The world is arming itself at the fastest rate since near the end of the Cold War, according to a new report, as major wars rage in Ukraine and Gaza and military tensions spike from Europe to Asia. Read More

World on Edge: Global Military Spending Hits $2.7 Trillion in ... - MSN

A new report by the Stockholm International Peace Research Institute (SIPRI) says that countries across the globe spent a total of $2.718 trillion on defense this year. Read More

NATO leaders agree to hike military spending, commit to defense

News World News NATO leaders agree to hike military spending and restate ‘ironclad commitment’ to collective defense Some countries have already warned that they will struggle to meet the target. Read More

How much do NATO members spend on defense? These are the ... - CBS News

What NATO countries spend on defense Defense spending covers a nation's armed forces, including personnel, equipment, ammunition and more. Read More

NATO allies pledge to hike defense spending - NBC4 Washington

NATO meets for its annual summit this week, with allies being pushed and shoved to sharply increase their defense spending to 5% of gross domestic product. Read More

NATO chief sees a 'transformational' summit ahead despite differences ...

NATO Secretary-General Mark Rutte is upbeat that the military organization will agree a massive spending hike at a “transformational summit,” as member state leaders including U.S. President ... Read More

Trump meets with Zelenskyy and says higher NATO defense spending may ...

THE HAGUE, Netherlands — President Donald Trump met with Ukrainian leader Volodymyr Zelenskyy on the sidelines of the NATO summit Wednesday and suggested that increased spending by the trans ... Read More

Trump, NATO to gather for summit amid rising global tensions

THE HAGUE, Netherlands (AP) — U.S. President Donald Trump and his NATO counterparts are due to gather Tuesday for a summit that could unite the world’s biggest security organization around a ... Read More