Military-Industrial Complex

Australia to Increase the Defence Budget to 2.3% of GDP by 2034

Australian Defense Minister Richard Marles announced plans  to increase spending on the production of weapons and strengthen the combat capability of the Australian armed forces to 2.3% of GDP by 2034. The minister added that the planned total amount of financing for the country's defence spending until 2034 will be about $507.7 billion. According to…
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The UK to Strengthen the Nuclear Industry

British Prime Minister Rishi Sunak announced the intentions of the country's authorities to direct efforts towards the development of the nuclear industry in both the civil and defense segments. The authorities also intend to allocate additional funds to ensure deterrence.   Rishi Sunak believes that domestic nuclear capability is vital for the national defense and energy…
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The EU Presents First Ever Defence Industrial Strategy

EU foreign policy chief Josep Borrell presented the first-ever European Defence Industrial Strategy. The strategy is designed to strengthen the European defense industry in modern realities. During the presentation, Borrell noted that the member states of the European Union (EU) have increased defense production by 50% since 2022. According to Borrel, the sharp increase in the…
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China has imposed sanctions against American arms companies

China has decided to impose restrictions on five defense manufacturing companies, including BAE Systems Land and Armament, Alliant Techsystems Operation, AeroVironment, ViaSat and Data Link Solutions. The reason was American arms supplies to Taiwan.   The Chinese Foreign Ministry said the United States was "blatantly violating the one-China policy.".. by selling weapons to the Chinese…
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Japan will not adjust defense purchases due to the weak yen

During a meeting of the budget commission in the upper house of parliament Japanese Prime Minister Fumio Kishida stated that the country's authorities do not intend to make adjustments to plans to increase defense purchases due to the weakening of the yen.    Kishida stated that the sum of 43.5 trillion yen approved by the…
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DPRK to Accelerate its Nuclear Forces Development

The Supreme People's Assembly of the DPRK has adopted a law on amendments to the country's constitution, which enshrine the status of nuclear forces and provide for their accelerated development in order to guarantee the "right of the country to exist", as well as to ensure the deterrence and the protection of peace and stability…
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UK to upgrade nuclear warheads

The British Ministry of Defence announced its intention to upgrade nuclear warheads. This is reported in the Refreshed Defence Command Paper. The document represents the reaction of the British Ministry of Defense to current challenges, the main of which are represented by growing confrontation and volatility in the international arena. The drafters of the Paper…
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«IMDS-2023» Will Take Place In Kronstadt

  The 11th International Maritime Defense Show «IMDS-2023» will be held at the Congress and Exhibition Center of the Museum-Historical Park «Kronstadt» on June 21st - June 25th, 2023. The event is organized by the Ministry of Industry and Trade of Russia   The International Maritime Defense Show «IMDS» is one of the leading global…
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The EU updates its PESCO security programs

The Council of the EU has adopted the fifth wave of collaborative projects within the framework of the Permanent Structured Cooperation (PESCO). In total there are 11 new projects with 15 Member states participating. The projects cover six military domains and include critical capabilities. The updated list of projects under PESCO now stands at 68.…
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World military expenditure reaches it peak

SIPRI reports that total global military expenditure reached $2113 billion in 2021, increasing by 0.7%. The five largest spenders were the United States, China, India, the United Kingdom and Russia, together accounting for 62% of expenditure.    Military expenditure reaches record level in the second year of the pandemic. This was the seventh consecutive year…
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