Awaiting the ‘big bang’ in European defence

Awaiting the ‘big bang’ in European defence

The EU Commission is making defence a top priority, with plans to create a European Defence Union led by a new Defence Commissioner. Boosting Europe’s defence industry is a key goal but competing national interests and funding issues pose barriers to realising this...
Global defence spending soars to new high

Global defence spending soars to new high

In response to rising threat perceptions, global defence spending rose to USD2.46 trillion in 2024. Countries in Asia, the Middle East and North Africa, and Europe saw major budget increases, although President Trump’s recent call for a minimum spend of 5% of GDP...