Independent research institute
Appears in 2 stories
Publisher of the most widely cited annual military spending dataset
Europe's defense budgets jumped 14% last year to $864 billion, the steepest annual rise since the Cold War. Germany alone added 24%, reaching $114 billion and overtaking every other European spender. Meanwhile, US military spending fell 7.5% to $954 billion as Congress declined to authorize new Ukraine aid during 2025. The world's military burden — defense as a share of gross domestic product — climbed to 2.5%, its highest level since 2009.
Updated Apr 27
Tracks international defense exports and military spending
India's Defence Acquisition Council approved an $8.7 billion arms package from Israel in January 2026—1,000 SPICE-1000 precision bomb kits that can hit targets 125 kilometers away in GPS-jammed environments, plus air-to-air missiles, loitering munitions, radars, and networked command systems. The deal cements India as Israel's largest defense customer, accounting for 34% of Israeli exports from 2020-2024. Within days, reports emerged that India is also acquiring Air LORA ballistic missiles (400-kilometer range), Ice Breaker cruise missiles (300-kilometer range), and additional Rampage missiles, with full technology transfer agreements enabling domestic production.
Updated Jan 31
No stories match your search
Try a different keyword
How would you like to describe your experience with the app today?
