The U.K. Defense Command Paper in Review
The latest U.K. defense review document – the Defence Command Paper titled “Defense in a Competitive Age” – was released to the public on March 22, to much commentary. Thoughts …
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British Government Announces Major Defense Spending Boost
In what may reasonably be described as a surprise, British Prime Minister Boris Johnson has announced a major investment package for the Ministry of Defence – marking the largest such …
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New Report on World Aerospace/Defense Pandemic Outlook and Recovery
The pandemic has strongly impacted some sectors of the worldwide aerospace/defense industry, but not all sectors have been negatively impacted. What will recovery look like? What is the long-range outlook …
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Due to COVID-19, South Korea Plans Fresh Cut to 2020 Defense Budget
The South Korean government plans to trim around KRW300 billion ($245 million) from the country’s 2020 defense allocation in order to bolster its economic relief effort in light of the …
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China’s Defense Budget Set to Grow at Slower Pace
China has announced a defense budget for 2020 that will result in a year-on-year nominal increase of 6.6 percent, the lowest such figure since the first half of the 1990s. …
Read More South Korea Plans Defense Budget Reduction in Wake of COVID-19 Pandemic
As South Korea seeks to mitigate economic fallout and social disruption in the wake of the novel coronavirus (COVID-19) pandemic, the government is looking for areas with which to shift …
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How Will Germany’s Defense Spending be Affected by the COVID-19 Pandemic?
The outbreak of the worldwide novel coronavirus (COVID-19) pandemic is placing the global economy in a near-total freeze as governments are forced to undertake shelter-in-place and quarantine orders in order …
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Oil Salvoes Put Further Pressure on Saudi Defense Budget
Emergence of the novel coronavirus COVID-19 has upended the global economic outlook for the upcoming year. Governments around the world have been forced to reassess their budgets and enact new …
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Saudi Arabia Cuts Defense Budget
Saudi Arabia is planning to further shrink its defense budget for the upcoming year. This week, Saudi Arabia unveiled its plan for the budget in 2020. Overall, the government is …
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Putin: Defense Spending Cuts Won’t Affect Russian Security
Following a multiyear modernization effort, the Russian military is able to provide for Russia’s security, even with some recent cuts to the defense budget. The military has passed the “peak …
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