Defense Budgets & Spending News

Bloomberg • Ellen Milligan

UK Audit Office Flags £71 Billion F-35 Programme Cost and Persistent Readiness Gaps

The UK’s National Audit Office warns that the through-life cost of its F-35 Lightning II fleet for the Royal Air Force and Royal Navy could exceed £70 billion, highlighting chronic availability shortfalls, technical delays—including a jet stuck in India—and carrier compatibility failures more than a decade into service.

2025-07-11T05:02:06.809993-07:00

DefenseNews.com

France backs €1.6 billion Eutelsat capital raise to bolster OneWeb against Starlink

2025-06-20T05:51:45.150791-07:00

Reuters

BAE Systems hikes guidance as order book swells to £75 billion amid defence spending surge

2025-07-29T23:51:43.059575-07:00

The War Zone

B-21 Raider’s Combat Mass to Redefine Stealth Bomber Doctrine, Senior USAF Officer Says

2025-08-07T12:39:11.934834-07:00

Defense Budgets & Spending News Timeline

rollcall.com

Randy 'Duke' Cunningham, Navy F‑4 ace turned congressman convicted in bribery scandal, dies at 83 Randy 'Duke' Cunningham, one of two U.S. Navy F‑4 Phantom II aces from the Vietnam War who later served in Congress, died at 83 in Little Rock. He resigned after pleading guilty to taking at least $2.4 million in bribes and was pardoned in 2021.

2025-08-29T03:17:34.057457-07:00

Randy 'Duke' Cunningham, Navy F‑4 ace turned congressman convicted in bribery scandal, dies at 83

SpaceNews.com

Pentagon R&D chief urges expansion of U.S. defense industrial base The Pentagon's research and development chief warned the U.S. must expand its defense industrial base to sustain R&D and production of emerging capabilities across the services, calling for broader supplier participation and greater manufacturing capacity to meet accelerating demand for advanced systems.

2025-08-27T09:06:21.133801-07:00

Pentagon R&D chief urges expansion of U.S. defense industrial base

FlightGlobal

UK defence spending hike to energise DSEI and procurement pipelines The UK government's commitment earlier this year to significantly boost defence spending over the next decade will make mid‑September's DSEI in London a focal point for procurement activity. Expect heightened vendor lobbying, accelerated deal‑making and visible procurement pipelines as industry seeks to convert budget pledges into contracts.

2025-08-27T06:44:44.281519-07:00

UK defence spending hike to energise DSEI and procurement pipelines

resiliencemedia.co

“We’re literally in an arms race,” says NATO Innovation Fund’s Patrick Schneider‑Sikorsky The €1 billion NATO Innovation Fund aims to accelerate allied defense tech by investing in dual‑use startups, but its mission faces complex execution hurdles — from aligning 32 member states to navigating procurement and export rules, its most senior partner says in a wide‑ranging interview.

2025-08-27T02:41:23.224883-07:00

“We’re literally in an arms race,” says NATO Innovation Fund’s Patrick Schneider‑Sikorsky

The War Zone

B-21 Raider’s Combat Mass to Redefine Stealth Bomber Doctrine, Senior USAF Officer Says The USAF’s forthcoming B-21 Raider stealth bomber will deliver unprecedented combat mass compared with the B-2 Spirit, fundamentally shifting stealth-bomber employment. Air Force Global Strike Command’s senior officer says quantity of low-observable strikes—enabled by larger fleets and payloads—will be the Raider’s defining operational advantage.

2025-08-07T12:39:11.934834-07:00

B-21 Raider’s Combat Mass to Redefine Stealth Bomber Doctrine, Senior USAF Officer Says

Reuters

BAE Systems hikes guidance as order book swells to £75 billion amid defence spending surge BAE Systems upgraded its full-year profit and sales guidance after reporting half-year sales of £14.6 billion—up from £13.4 billion a year earlier—and an order book of £75 billion, as heightened geopolitical tensions drive global defence budgets.

2025-07-29T23:51:43.059575-07:00

BAE Systems hikes guidance as order book swells to £75 billion amid defence spending surge

ubn.news

Ukraine Seeks $6B to Fill Domestic Weapons Procurement Shortfall Kyiv is requesting $6 billion to plug a funding gap in its domestic arms procurement, underscoring strains on Ukraine’s defense-industrial base as the war with Russia enters its third year. The infusion aims to sustain local munitions and equipment production critical for frontline operations.

2025-07-21T16:31:04.817716-07:00

Ukraine Seeks $6B to Fill Domestic Weapons Procurement Shortfall

Space Intel Report

Airbus Sees 6% Annual Revenue Boost for Space Systems Through 2034 on Rising European Defence Spend Airbus Defence and Space’s Space Systems division now projects 6% annual revenue growth through 2034, attributing the uptick to enhanced European military spending on satellites, launch services and space-based capabilities. The outlook reflects billions of euros in planned defence budgets and NATO’s renewed focus on resilient space infrastructure.

2025-07-21T13:19:16.202868-07:00

Airbus Sees 6% Annual Revenue Boost for Space Systems Through 2034 on Rising European Defence Spend

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