How the Arms Industry Captures Congress. The $45 billion by which Congress increased the Pentagon’s budget request last year was among the highest levels on record.

While the shift in stance comes at a time when global defense spending has been on the rise, Japan's motivations are linked more to address its security concerns.

The fact that the Burmese military junta lost a JF-17 to another Chinese system will probably not trouble many of the militaries looking to buy cheaper Chinese weapons and warplanes.

In the national security arena, average arms industry CEO pay of $21 million is 95 times the $221,000 that an active duty general makes, and 463 times the $45,000 in pay and allowances made by a ...

More than half of Germans have no issue with profiting from the arms industry – a sentiment that has grown since the start of ...

Ukrainian Arms Imports Up Nearly 100 Times. Even before Russia’s invasion, Kyiv had increased its military spending, but SIPRI noted that Ukrainian “imports increased nearly 100 times over.” ...

US defence companies are wooing European rivals, targeting closer partnerships, as they seek to ensure they are not locked ...

The Swiss government is seeking closer collaboration with other European nations in defense procurement, following warnings ...

Russia’s arms industry and its export capabilities have long been, as Russian President Vladimir Putin put it, a point of national pride. State-sponsored propaganda promotes the prowess of ...

Czechoslovak Group, one of Europe’s largest ammunition makers, slashed its interest costs almost in half in a €1.8bn debt sale on Wednesday, in a sign of investors’ newfound enthusiasm for the ...

But despite the might of the industry, many ordinary people around the world have been winning where they have acted against it. Activists forced Canadian Bank of Nova Scotia to halve its stake in ...

The Swiss arms industry is calling for looser curbs on the resale of its goods as weapons exports fell in 2024 for a second year, fuelling concern the neutral country is falling behind as Europe ...