Portugal is planning a gradual increase in defense spending to reach NATO's 5% GDP target by 2035 while ensuring financial ...

Portugal is preparing a "credible" plan of gradual annual increases in defence spending to reach NATO's new target of 5% of ...

President Donald Trump's critics scoffed at his idea for NATO allies to pay more for their defense. Now, a new deal is in place to achieve that goal.

Hasan Unal believes that US President Donald Trump expects that by convincing other NATO countries to increase their defense budgets, he will provide orders for the American military-industrial comple ...

Russia could pose a credible security threat to the European Union by the end of the decade and defense industries in Europe ...

European nations have pledged more NATO funding partly through a novel redefinition of “defense.” Is it gimmickry or a more ...

NATO members have agreed to a new defense spending goal of 5% of each country’s economic output by 2035, more than doubling the previous figure of 2%. It’s an ambitious timeline that ...

Trump's NATO success pushes allies to pledge 5% GDP on defense, marking the biggest jump since 1949, but requires faster U.S. arms production to counter Russia and China.

The NATO alliance agreed to a new defense spending target of 5% GDP by 2035, after a record number of members met the prior 2% defense spending goal last year.

NATO members formally agreed to raise their defense budgets to 5% of their GDP by 2035, a significant increase from the current 2% target set in 2014, according to a NATO news release.

Defence and economic policy experts agree the NATO agreement is broad enough that it affords allies a lot of wiggle room to justify certain projects as being defence-related.

On Wednesday, at the NATO summit in The Hague, Spanish Prime Minister Pedro Sánchez formally rejected the alliance’s newly agreed aspirational guideline for member states to increase defense spending ...