Posts Tagged ‘Defence spending’
The Prime Minister has announced that defence spending is set to rise to 2.5% of GDP by the end of the decade. The increase expected to mean an extra £55 billion by 2030 and could potentially see investments in future air combat capabilities. The news comes as Mr Johnson pledged another £1 ...
The European Defence Agency (EDA) published its annual Defence Data report for the year 2019, detailing defence spending by the 26 EDA Member States. In 2019, total defence expenditure stood at €186 billion, marking a 5% increase on 2018, and making it the highest level ever recorded by EDA since it ...
The US Department of Defense has released a budget proposal for the 2021 fiscal year after increasing military spending in recent years. The Pentagon has released a budget proposal for 2021 based on the requested $705.4billion promised to the DOD. This budget resources four focus areas to build a more agile ...
The MOD has released figures from 2018/19 showing how defence spending contributed to public expenditure in the UK. The defence spending figures put overall 2018/2019 expenditure at £19.2billion. In Scotland, MOD expenditure rose by 4.6 per cent, making Scotland the only region to see a year-on-year increase in total expenditure since ...
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