A new report says that the world’s biggest weapons-producing companies saw a 5.9% increase in revenue from sales of arms and ...

Demand for military equipment has swelled, as have the budgets many nations have at their disposal for their militaries.

By Ben Aris in Berlin One of the proposals in the US28-point peace plan is that Ukraine reduce its armed forces to 600,000 ...

The United States easily has the biggest air force budget, followed by China. Few countries spend more than $20 billion ...