Putin’s refusal to compromise on Ukraine, say analysts, is a colossal error costing Russia regional influence, lucrative ...

Global military spending rose to a record last year as Russia's war in Ukraine drove the biggest annual increase in expenditure in Europe since the end of the Cold War three decades ago, a leading ...

Global military spending grew to an all-time high of $2.24 trillion, according to a report by a Swedish watchdog, with a sharp rise of 13% in Europe, due to Russian and Ukrainian expenditure.

The nearly 7% rise in global military spending in 2023 from 2022 marks the sharpest year-on-year increase since 2009 Open in Our App. ... Ukraine, Sunday, April 21, 2024.

Global military spending reached a new high in 2024. Germany, too, spent significantly more on defense.Global military spending reached a new peak in 2024, totaling just over $2.7 trillion.

Park Aerospace benefits from rising defense spending as a key supplier for missile systems. Click here to read an analysis of ...

Global military spending reached a record high of $2.4 trillion last year, driven by Russia’s invasion of Ukraine and tensions in other parts of the world, a Sweden-based think tank said Monday.

Among the report’s key findings was the boost Russia gave to its military budget in the lead-up to the war in Ukraine. Moscow’s official military spending in 2021 increased by 2.9 percent to ...

It may only have to outlast poor Ukraine. Its total military expenditures grew by a comparably paltry 2.9 percent in 2024 to reach $64.7 billion—equivalent to 43 percent of Russia’s spending.

Global military expenditures in 2022 rose 3.7% to a record $2.24 trillion, driven by Russia’s invasion of Ukraine and related spending by Moscow and Kyiv.

In total, Germany plans to spend €649 billion ($761 billion) on the military over the coming five years. It marks a continuation of a historic shift that began with Russia’s invasion of Ukraine and ...

Across all countries with available defense budget data, cumulative, global military spending spiked by 10% — or about $209 billion — between 2021 and 2023 alone, according to the Stockholm ...