Search result for Military Budget
CHINA INCREASES ITS DEFENSE SPENDING BY 6.8% FOR FISCAL 2021
Highlights –
- China increases its defense spending by 6.8% for fiscal 2021.
- The country plans to upgrade the armed forces despite the high government debt and impact of COVID-19.
- China is known for having the second-largest defense bud...
PRESIDENT TRUMP PROPOSES TO SPEND MORE ON U.S MILITARY TECHNOLOGY
Highlights:
- U.S President Donald Trump proposed a 0.3% increase to USD 740.5 billion military spendings in 2021.
- The emphasis of the budget lies on high-tech defense capabilities for specialized drones, cyber warfare, AI, use of the cloud in the battl...