A moderate increase in the defense budget is enough to finance the new combat aircraft and a ground-based air defense system. The planned increase of 1.4 percent per year in real terms is less than the average growth of the federal budget, Marc Siegenthaler, Head of Resources at the Swiss Ministry o…

Since October 1, more than 100 Chinese military aircraft have moved provocatively through the air defense identification zones of nearby Taiwan — just over 100 miles to the east. Those military maneuvers serve only to create uncertainty in a part of the world where the U.S. wants to see stability an…

SEOUL — The chief of the state arms procurement agency voiced confidence Tuesday that South Korea and Indonesia will conclude their negotiations over the latter’s overdue payments for a joint fighter development project by November.

Kang Eun-ho, head of the Defense Acquisition Program Administr…

Norway’s government will continue its investment in the Armed Forces and will increase the defense budget for 2022 by approximately NOK 4.3 billion. The budget proposal follows up the investments and financial obligations in this and previous long-term plans.

“With this budget, the government pri…

Turkish President Recep Tayyip Erdogan wants to use an upcoming global summit to lobby U.S. President Joe Biden to allow Ankara to buy dozens of American warplanes, in a bid to overcome Washington’s resistance to major arms deals with his country following its purchase of Russian air defenses.

Tu…

Today, on October 12, the Cabinet of Ministers approved the draft laws “On the State Budget for 2022” and “On the Medium-Term Budget Framework for 2022, 2023 and 2024”, which envisage allocating 757.17 million euros to the defense sector next year, an increase of EUR 35 million compared to the 2021 …