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World military expenditure passes $2 trillion; increases slightly in Africa

Total world military expenditure increased fractionally in 2021 to reach $2 113 billion, surpassing the $2 trillion mark for the first time, new research...

African military spending up nearly 20% over the last decade

Over the last ten years, African military spending grew by 17%, rising to $41.2 billion in 2019, according to new research from the Stockholm...

Sub-Saharan Africa spending less on defence

Countries in Sub-Saharan Africa have been spending less on defence over the last five years, down from a 2014 peak, research has found. According to...

African military spending continues to decrease

Military expenditure in Africa has fallen for the fourth consecutive year, with major decreases recorded by Algeria, Angola and Sudan, according to new research...

African military spending down slightly in 2017

Military expenditure was down slightly in 2017, but higher than a decade ago as world military spending reached its highest level since...

Russian military spending falls, could affect operations

Russian military spending fell by a fifth last year, its first decline in nearly two decades, with tighter purse-strings likely to affect...

Ageing defence equipment stimulating global demand for military hardware

The global defence market is gaining momentum as military hardware reaching the end of its service life forces investment in new equipment...

BAE bounces on buyback, soothes U.S. budget worries

BAE Systems Plc upped its dividend and announced a 500 million pound share buyback as it moved to reassure investors the British...