In 2024, NATO member countries spent an average of 2.61% of their gross domestic product (GDP) on defense, but the figures vary widely across the alliance.

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 in 2024.

The defense alliance of 32 countries is planning to invest billions in its security over the coming decade. But it’s a splurge that some European NATO members, saddled with huge debt burdens, can ...

NATO members agreed to a big increase in their defence spending target to 5% of gross domestic product, as demanded by President Donald Trump, but Spain said it did not need to comply just days ...

NATO and Russia have found themselves opposed for decades in one of the most consequential standoffs in military history. While Russia is home to one of the largest nuclear arsenals and a massive ...

See how much NATO countries spend on defense and how that has changed. Many member countries would have to double defense spending by 2035 to meet new targets, charts show. June 25, 2025.

Austria is prepared to hold discussions on joining Nato and reassessing its long-standing neutral status in response to ...

General Dynamics‘ (NYSE: GD) information technology business will deploy a cloud-based platform to update NATO’s IT infrastructure under a potential five-year, $140 million contract from the ...

While Canada might lack the aircraft carriers needed for naval supremacy within NATO, this northern nation makes up for it in ...

Earnings for the U.S. defense sector are coming just about a week after President Donald Trump and NATO General Secretary Mark Rutte meet on Monday. Shares of large American defense contractors have ...