Under pressure from Trump and with Russia menacing, Germany's incoming leader plans to revamp the country's defense posture.

U.S. Defense Secretary Pete Hegseth signed a memo on Thursday that would cancel over $580 million in 'wasteful spending' at ...

Good luck getting DoD to adhere to this," one analyst said of lawmakers' attempts to influence defense spending.

Germany's upper house, the Bundesrat, Thursday voted 53-16 to approve a massive defense and infrastructure spending bill. The ...

Congress returns to Capitol Hill this week with a budget plan in place for the rest of fiscal 2025 but uncertainty over when ...

"I think this is only the start," Lithuanian President Gitanas Nausėda told CNBC's Silvia Amaro on the EU's plans to boost ...

The continent’s leaders hope a surge of investment, to fill a security void left by the United States, can ignite growth. It ...

The UK defence ministry said Anduril continues to "invest significantly" in the UK and plans to scale rapidly.

Taiwanese President William Lai Ching-te said Thursday that the island’s defense budget will exceed 3% of its economic output ...

Australia and other United States security allies are under pressure from United States President Donald Trump to increase ...

Germany's would-be next chancellor, Friedrich Merz, won lawmakers' approval to loosen strict debt rules for higher defense ...

The German chancellor-in-waiting, Friedrich Merz, has won a vote in parliament to allow a huge increase in state borrowing ...