Japan targets record $55bn defence budget for 2027
James Mario Ajero The Japanese Ministry of Defence is eyeing a $55-billion allotment for military expenditures next year amid security fears…
Military budget
Taiwan eyes $6 billion budget for military drones as tensions with China heighten
Taiwan President Lai Ching-te is urging lawmakers to approve a six-year, $6.6 billion special military budget aimed at…
Germany becomes world’s fourth-largest military spender amid European security fears
The Bundeswehr has recorded unprecedented defence spending as Germany becomes the fourth-largest spender on military acquisitions.