Post Tagged with: "budget"

MENA military spending to reach $920 bn by 2020: study

MENA military spending to reach $920 bn by 2020: study

Military spending between 2014 and 2020 in the Middle East and North Africa will total $920 billion (662 billion euros), IHS Global Insight said in a forecast Tuesday. The US-based consulting firm did not give an overall breakdown at the […]


South Africa Needs Bigger Defense Budget, Says Minister

South Africa Needs Bigger Defense Budget, Says Minister

The SA National Defence Force (SANDF) needs a bigger budget, Defence Minister Nosiviwe Mapisa-Nqakula said on Wednesday. “I don’t think government has a choice at this point. We had to conduct this Defence Review in order to have an appreciation […]


Sweden to boost military spending over Ukraine crisis

Sweden to boost military spending over Ukraine crisis

Sweden announced Tuesday that it will increase its annual defence spending over the next 10 years, citing the crisis in Ukraine and an “unsettling” development in Russia. The right-wing government said that spending would rise gradually until 2024, when the […]


Estimated Impacts of Sequestration-Level Funding

Estimated Impacts of Sequestration-Level Funding

The Department of Defense’s Fiscal Year (FY) 2015 budget submission provides the resources necessary to protect and advance U.S. interests and to execute the updated defense strategy, although at increased levels of risk for some missions relative to the planned […]


Pentagon Official: Research, Development No Place to Cut Costs

Pentagon Official: Research, Development No Place to Cut Costs

At a time when technological development is flourishing in countries such as China and North Korea, the United States is at risk of falling behind due to budgetary constraints, the acting assistant secretary of defense for research and engineering said […]


Fiscal Year 2014 US Navy Destroyer Contract Awards Announced

Fiscal Year 2014 US Navy Destroyer Contract Awards Announced

Today, the Navy announced two separate contract awards for Fiscal Year (FY) 2014 destroyers. The first contract award funds one FY 2014 DDG 51 Arleigh Burke Class destroyer under a previously awarded FY 2013-2017 multiyear procurement (MYP) contract with Huntington […]


2014 QDR Presumes Future Includes More Risk, Less Money

2014 QDR Presumes Future Includes More Risk, Less Money

The 2014 Quadrennial Defense Review isn’t like previous reviews, a senior Defense Department official said here yesterday. Christine E. Wormuth, deputy undersecretary of defense for strategy, plans and force development spoke at the Center for Strategic and International Studies. The […]


Fiscal Year 2014 Littoral Combat Ship Contract Awards Announced

Fiscal Year 2014 Littoral Combat Ship Contract Awards Announced

Today, contract modifications were issued to Lockheed Martin Corporation and Austal USA under their respective Littoral Combat Ship (LCS) block buy contracts to add funding for construction of two fiscal year 2014 Littoral Combat Ships each. These are the seventh […]


China will not stop increasing military spending: media

China will not stop increasing military spending: media

Chinese state-run media said Thursday the nation’s defence budget would keep expanding but was not evidence of a mounting threat, after the government announced a 12.2 percent rise for 2014. “China has no intention of overturning the current international security […]


 
Ratio of armour to infantry http://t.co/dYdTruAJyE #forum #military2 days ago