The Military Industrial Complex
March 03, 2025
German govt hopefuls planning billions for defence spending: report

Frankfurt, Germany (AFP) Mar 2, 2025
The two parties hoping to form Germany's next government are planning to plough hundreds of billions of euros into defence and infrastructure when in power, the Bild newspaper reported Sunday. Both subjects have become all the more pressing for Berlin's prospective new leaders as Europe's largest economy stutters and the United States' apparent pivot toward Russia casts doubt over the continent's security. Citing several sources close to the negotiations, Bild said the investment plan was brough ... read more
'We urgently have to rearm Europe': EU chief after Ukraine talks
London (AFP) Mar 2, 2025
European Commission chief Ursula von der Leyen warned on Sunday that "we urgently have to rearm Europe" as leaders from the continent met in London for crisis talks over Ukraine. ... more
EU, India eye defence and security deal; France wants defense excluded from EU budget rules
New Delhi (AFP) Feb 28, 2025
The European Union is exploring a security and defence partnership with India, EU chief Ursula von der Leyen said on Friday before meeting with Prime Minister Narendra Modi in New Delhi. ... more
Former US defense chiefs slam Trump dismissal of Pentagon officials
Washington (AFP) Feb 28, 2025
Five former US defense secretaries on Thursday addressed a letter to lawmakers denouncing as "reckless" the recent firings of senior Pentagon officials by President Donald Trump. ... more
Russia security chief Shoigu lands in Beijing: Russian agencies
Moscow (AFP) Feb 28, 2025
Top Russian security official Sergei Shoigu landed in Beijing on Friday, Russian news agencies reported, for a flying visit to meet China's top leadership. ... more
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DOGE could do more harm than good at Department of Defense
Washington DC (UPI) Feb 26, 2025
Despite the best of intentions, unless the trajectory of the Department of Government Efficiency is reversed as it descends on the Pentagon, it will not achieve its goals of reforming the system and saving large amounts of money. How do I know? My record of sensing bad outcomes is sadly accurate. ... more
Swiss scandal over suspected fraud at defence firm
Zurich (AFP) Feb 25, 2025
The state-owned firm which maintains Switzerland's military equipment has become mired in a suspected fraud scandal, further weakening a defence ministry already besieged by criticism. ... more
UK PM pledges to spend 2.5 percent of GDP on defence by 2027
London (AFP) Feb 25, 2025
British Prime Minister Keir Starmer pledged Tuesday to boost defence spending to 2.5 percent of the economy by 2027, as uncertainty reigns over US President Donald Trump's commitment to European security. ... more
Germany's next leader grapples to boost defence spending
Berlin (AFP) Feb 25, 2025
Germany's next leader, conservative Friedrich Merz, has raised the alarm over European defence but the clock is ticking for him to muster the funds needed to refurbish the armed forces. ... more
China says defence spending 'entirely necessary' after Putin backs mutual cuts
Beijing (AFP) Feb 25, 2025
Beijing said Tuesday its defence spending was "entirely necessary" after Russian President Vladimir Putin backed a suggestion by US counterpart Donald Trump that Russia, the United States and China all cut their defence budgets in half. ... more
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Putin backs Trump's proposal to halve defence spending
Moscow (AFP) Feb 24, 2025
Russian President Vladimir Putin on Monday backed a suggestion by US counterpart Donald Trump for Russia, the United States and China to all cut their defence budgets in half. ... more
New sound from Berlin as Merz urges European defence autonomy
Berlin (AFP) Feb 24, 2025
German conservative Friedrich Merz had just won the election when he dropped a bombshell: with Trump casting doubt on future defence ties, he said, Europe may have to look after its own security. ... more
US defense chief says Musk's DOGE will have 'broad access' at Pentagon
Washington (AFP) Feb 20, 2025
Elon Musk's Department of Government Efficiency (DOGE) will have "broad access" to root out previous administration programs at the Pentagon, US Defense Secretary Pete Hegseth said Thursday. ... more
Trump administration takes aim at Pentagon spending
Washington (AFP) Feb 20, 2025
US Defense Secretary Pete Hegseth has ordered a review of the department's 2026 budget so as to reallocate $50 billion in funds, the Pentagon said Wednesday, following reports that he had directed deep, multi-year cuts to military spending. ... more
Pete Hegseth orders senior leaders to cut 8% from Defense budget
Washington DC (UPI) Feb 19, 2025
Defense Secretary Peter Hegseth has ordered senior military and civilian Pentagon officials to cut 8% from the Defense budget over each of the next five years. ... more
Denmark to spend $7 bn more on defence in next two years

Copenhagen (AFP) Feb 19, 2025
Denmark will allocate an extra 50 billion kroner ($7 billion) for defence spending over the next two years, citing an increasing threat from Russia, the prime minister said Wednesday. Premier Mette Frederiksen told a press conference that the money was being sent to the military with the message: "Buy, buy, buy." "Buy what can contribute to a stronger defence and thus to a stronger deterrence here and now," Frederiksen said, stressing the need to act quickly. "If we can't get the best equi ... read more
Denmark PM says will announce 'massive' rearmament plans
Copenhagen (AFP) Feb 18, 2025
Danish Prime Minister Mette Frederiksen said her government would announce plans Wednesday for a "massive" rearming of Denmark's military due to the growing threat posed by Russia. ... more

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Indian court bails British arms dealer in chopper scam
New Delhi (AFP) Feb 18, 2025
India's top court on Tuesday granted bail to a British arms dealer imprisoned for more than six years on charges of bribing officials over a multimillion-dollar helicopter deal. ... more
Israeli companies display weapons at UAE defence fair
Abu Dhabi (AFP) Feb 17, 2025
Israeli arms manufacturers on Monday showcased their weapons and other products at a defence fair in the United Arab Emirates, amid a fragile ceasefire in a 15-month war that has devastated the Gaza Strip. ... more
Karman Completes Expanded IPO with Full Over-Allotment Option Exercise
Los Angeles CA (SPX) Feb 16, 2025
Karman Holdings Inc., a leading provider of mission-critical systems for defense and space applications, has successfully closed its initial public offering (IPO), raising significant capital throug ... more
EU to relax spending rules to boost defence investment
Munich, Germany (AFP) Feb 14, 2025
The EU will suspend strict rules on public spending to allow governments to ramp up defence investments, the bloc's chief Ursula von der Leyen announced on Friday. ... more
China says US should take lead in military cuts after Trump comments
Beijing (AFP) Feb 14, 2025
Beijing said on Friday the United States should take the lead on reducing military spending after US President Donald Trump said he wanted to hold talks with Russia and China on the topic. ... more
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