The resulting high budget deficits ... percent of military spending worldwide. Despite this heterogeneity, one cannot rule out the possibility that a large number of countries share a trend toward a ...

The defense industry, including aerospace, is huge and complex. It serves both military ... defense spending became inevitable with the political mandate for a balanced budget.

The system cannot accommodate such growth, and even more, it’s not necessary to defend the country — unless Washington wants WWIII ...

President Donald Trump said NATO countries must sharply increase their defense spending, demanding member states push beyond ...

Following more than a decade of drastic cuts in defence spending, last year Denmark allocated 190 billion Danish crowns ($26 billion) for its military over a 10-year span, part of which has now ...

US Air Force Secretary Frank Kendall was stumped in Congress as he was questioned over 'exorbitant' military spending ... the first time in American history, the entire defense budget.' ...