DPB analysis: NATO target of 5% of GDP for defense by 2035, deficit ~$63 billion, debt-to-GDP impact, and financing options.
The US military is best served by steady and consistent growth in defense spending rather than sugar-high splurges.
Trump touts a $1 trillion defense budget, a $1,776 troop bonus and a tougher stance on Iran in his 2026 State of the Union.
A late March submission would be much earlier than last year, when a discretionary spending request was issued on May 2.
Defense budget priorities are finally aligned with the realities of great-power competition and with the operational demands on display in Operation Epic Fury.
Beijing's planned military budget comes amid escalating conflict in the Middle East and persistent tensions over Taiwan.
Soon the country’s armed forces budget could exceed those of Britain and France combined. In Paris, there are concerns that ...
As of March 2026, the top five holdings in the Invesco Aerospace & Defense ETF were: The ETF had about 60 total holdings, with the top five representing about 40% of the total portfolio. The Invesco ...