China announced a 7 percent increase in its 2026 defense budget, bringing military expenditure to about $277 billion, Defense News reported Tuesday. How Does China’s Defense Budget Compare to Regional Spending? The latest budget, unveiled during the National People’s Congress, or NPC, in Beijing on March 5, represents a slightly smaller percentage rise than the 7.2...
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Author: Miles Jamison
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Canada’s Defence Investment Agency Issues RFI on Future Submarine Fleet Sustainment
The Government of Canada, through the Defence Investment Agency, or DIA, has issued a request for information to engage national industry sectors on the sustainment of the future Canadian Patrol Submarine Project, or CPSP. What Is Canada Seeking Through the RFI The Canadian government said Friday it is seeking defense contractors and companies from non-traditional industries...
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UK Space Agency Launches New Funding Round to Advance Satellite Communications Technology
The U.K. government has unveiled a $40 million funding round to support companies developing satellite communications technologies for low Earth orbit constellations, the U.K. Space Agency announced Wednesday. What Is the Purpose of the Funding Program? The investment marks the second round of the U.K. Space Agency’s Connectivity in Low Earth Orbit, or C-LEO, program. The...
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EDGE Group, South Korea’s DAPA Sign $35B Defense Industry Cooperation Framework
EDGE Group and South Korea’s Defense Acquisition Program Administration, or DAPA, have signed a defense industry cooperation framework during a high-level visit by Republic of Korea officials to Abu Dhabi. What Does the EDGE Group-DAPA Agreement Cover? The framework outlines broad industrial collaboration across integrated air defense, advanced aircraft and maritime capabilities. Officials said cooperation under...
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Global Defense Spending Hits $2.63T in 2025 as Europe Drives Growth
The International Institute for Strategic Studies reported that global defense spending reached $2.63 trillion in 2025, a 2.5 percent increase from the previous year, largely fueled by higher expenditures in Europe, Asia and the Middle East. What Is Driving Global Growth? According to the IISS Military Balance report published Tuesday, global defense spending growth in 2025 was...
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Zscaler, Bharti Airtel Launch AI & Cyber Threat Research Center in India
Cloud security company Zscaler and Bharti Airtel, a telecommunications service provider in India, have launched the AI & Cyber Threat Research Center-India, a multi-stakeholder initiative aimed at strengthening India’s cyber resilience and advancing artificial intelligence-driven security across critical sectors. Register now to join the Potomac Officers Club’s 2026 Cyber Summit on May 21 and gain insight on evolving...
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Australia Seeks Private Capital Partners for $500M Defense Co-Investment Initiative
Australia has issued a formal call for private capital partners to help manage a new potential $500 million co-investment vehicle aimed at strengthening the nation’s sovereign defense industry. What Capabilities Is Australia Targeting? The Australian government said Wednesday the request for expressions of interest on AusTender seeks companies to manage joint investments to boost its sovereign...
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Norway, Germany Strengthen Defense Partnership With Hansa Arrangement
Norway and Germany have formalized a new bilateral defense framework, known as the Hansa Arrangement, to expand cooperation across all domains. The Norwegian government said Saturday that Defense Minister Tore Sandvik and his German counterpart, Boris Pistorius, signed the agreement during the Munich Security Conference. “Our countries stand united in a time of heightened uncertainty in...
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Hensoldt, Helsing Partner to Develop AI-Enabled CA-1 Europa Autonomous Combat Aircraft
Hensoldt and Helsing have partnered to develop artificial intelligence-enabled combat air systems centered on Europe’s sovereign defense technology architecture. Helsing said Thursday that the joint effort aims to advance its CA-1 Europa, an AI-powered autonomous combat aircraft engineered to enhance Europe’s defense capability and technological leadership. How Does the Partnership Enhance the CA-1 Europa? The collaboration...
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US Reaches Interim Trade Agreement With India
The U.S. and India have reached a framework for an interim reciprocal trade agreement aimed at expanding market access and addressing long-standing tariff and non-tariff barriers between the two countries. According to a fact sheet published by the White House on Monday, President Donald Trump confirmed the framework in a joint statement issued Friday following discussions with...