NATO member states this week agreed to raise their defence investment target to 5% of GDP by 2035, replacing the longstanding 2% benchmark set in 2014. This landmark decision, confirmed during a joint ...

Poland will invest PLN2.6bn ($665mn) to increase its domestic ammunition output, the government announced on July 2, as it ...

On July 8, the EU Council activated a “defense spending exemption” clause for 15 countries, including Poland. This allows ...

This type of ammunition is the critical asset for Poland’s self-propelled howitzers, the K9 Thunder and PGZ Krab. These investments in ammunition production are also in line with the defense ...

NATO spokesperson has described Poland as a country which knows how to achieve the alliance's spending target of 5 percent of GDP on defence.

NATO members will be expected to spend 3.5% of their GDP on core defence such as troops and weapons – the items currently ...

A Comprehensive Overview. As nations around the globe prioritize their defense budgets, the data for 2024 reveals significant trends ...

Europe’s armored defense capabilities and further elevate South Korea’s role as a major global arms exporter, South Korean defense manufacturer Hyundai Rotem has finalized a landmark agreement with ...

The European Union has earmarked up to 800 billion euros ($920 billion) for defence through 2030 with a bulk of that amount expected to go to prime contractors such as France's Airbus (AIR.PA) or ...

The Council of the European Union (EU Council) has activated the so-called escape clause for 15 member states, including ...

Defence equipment procurement In 2023, more than 80% of defence investments, some €61 billion, were allocated to the procurement of new defence products. The growing trend was confirmed in 2024, when ...