The 1.9 per cent global decline followed a 0.4 per cent drop in 2012, the Stockholm International Pe...

For the first time in 10 years, Russia last year spent a bigger share of its overall economy on arms...

In a major strategic shift, China has for the first time decided to spend more from its USD 132 bill...

The US space agency has scrubbed a test off the California coast involving recovery of a mock-up of ...

China will significantly increase its defence budget and spend USD 148 billion on its military this ...

Defence spending is on the rise in several countries around the world, especially in the Middle East...

Japan has said it intends to boost military spending by five per cent over the next five years, with...

The bill provides Department of Defence with a spending threshold of USD 633 billion for 2013, inclu...

As the world prepares to undertake deep space missions beyond low-Earth orbit, two veteran spacefare...