The United States has cleared a $1. 5 billion contract for five MH‑60R Seahawk helicopters to New Zealand, a move that fits into the country’s plan to almost double its defense budget over the next eight years. This purchase, supplied by Lockheed Martin’s Sikorsky division, will give Wellington a
Russia is facing tough choices as its war spending in Ukraine clashes with growing financial strain. Officials in Moscow have quietly warned that the current defense budget is unsustainable, risking deeper economic trouble. The Finance Ministry and central bank argue that without cuts elsewhere, the
The United States spends a huge portion of the money that fuels new medicines, from cancer drugs to treatments for rare diseases. Because American companies invest most of the research and development money, they earn a lot of the profits that cover these costs. European governments often negotia
Pete Buttigieg, the former transportation chief, posted on X that President Trump’s latest budget plan focuses heavily on overseas conflicts. The proposal adds about $500 billion for foreign wars, which equals roughly $3, 700 extra per U. S. household. At the same time, it cuts funding for health ca
The Pentagon made a clever choice recently. Instead of buying common stock in L3Harris Technologies, it opted for something more strategic. It invested in a new, independent missile solutions business. This wasn't just any investment. It was a $1 billion bet on preferred stock. This type of stock gi
The U. S. Treasury Secretary has a bold plan to fund a massive defense budget increase. The idea? Recover money lost to fraud, waste, and abuse. This isn't just any plan—it's a strategy to tap into funds that have been mismanaged or stolen, particularly from welfare programs. Minnesota is at the ce
Switzerland's military leader has some tough things to say. He thinks the country isn't ready for a full-blown attack. Thomas Suessli, who's stepping down as the head of Switzerland's armed forces, shared his thoughts in an interview. He said that while Switzerland can handle smaller threats, like c
The Senate recently approved a massive defense spending bill, totaling $901 billion. This bill not only boosts military budgets but also puts pressure on Defense Secretary Pete Hegseth to share video footage of strikes on alleged drug boats near Venezuela. The bill, which includes a 3. 8% pay raise
Some people in the U. S. government think it's time for the country to leave NATO. They say the organization is old and no longer useful. Rep. Thomas Massie from Kentucky introduced a bill to do just that. He believes the U. S. should focus on its own defense instead of paying for other countries.
France is making a big change to boost its military. Starting next year, young people aged 18 and 19 can join a new voluntary service. This isn't about fighting in wars abroad. Instead, they will train and work within France and its territories for 10 months. The idea is to prepare for future threa
