Hegseth says Defense Dept eliminates hundreds of millions in 'wasteful' spending after DOGE findings
U.S. Defense Secretary Pete Hegseth signed a memo on Thursday that would cancel over $580 million in 'wasteful spending' at ...
Defense News on MSN2d
Republicans offer defense spending tips after punting on a budget
Good luck getting DoD to adhere to this," one analyst said of lawmakers' attempts to influence defense spending.
Taiwan’s president says the defense budget will exceed 3% of GDP in military overhaul
Taiwanese President William Lai Ching-te said Thursday that the island’s defense budget will exceed 3% of its economic output ...
Can Europe’s New Military Spending Help Its Economies?
The continent’s leaders hope a surge of investment, to fill a security void left by the United States, can ignite growth. It ...
Military.com2d
Military Families Have Until March 31 to Get a Health Care Flexible Spending Account
The benefit, one of several initiated last September by then-Defense Secretary Lloyd Austin, allows service members to save ...
Germany’s Merz wins vote to massively expand borrowing and super-charge military spending
The German chancellor-in-waiting, Friedrich Merz, has won a vote in parliament to allow a huge increase in state borrowing ...
ThyssenKrupp’s warship division says its market could triple as defense spending surges
That comes on the back of the German parliament voting in favor of a major fiscal package, which includes changes to debt ...
Taiwan president says he will increase defense budget to over 3% of island’s GDP
Taiwan's President Lai Ching-te said he will increase the island’s military spending from 2.5% to over 3% of its gross ...
Geopolitical Futures1d
Europe’s Military Spending Spree Shakes Up Arms Market
Europe has sharply increased defense spending in response to Russian aggression and doubt about U.S. credibility. In 2024, ...