U.S. Defense Secretary Pete Hegseth said on Tuesday he wanted to increase overall U.S. defense spending and played down ...

Pentagon chief Pete Hegseth announced that he will urge European allies to increase defence spending during his first meeting ...

U.S. Defense Secretary Pete Hegseth will become on Wednesday the first member of the new Trump administration to visit NATO.

As the new US defense secretary comes to Brussels on his first NATO visit, European allies will express willingness to boost defense spending but hope to keep it below the 5% Trump has demanded.

We should be embarrassed that it’s taking almost gangster like pressure for us to spend the minimum sensible to provide for ...

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Trump's plan to slash the Pentagon's budget as part of a broader cost-cutting effort, led by Elon Musk, is sparking debate over military readiness and US global security, The Financial Times reports.

The US Navy's shipbuilding problems are widespread and not easily solvable, and many of its top programs are over budget and ...

Russia's fiscal deficit jumped 14-fold in January due to a 73.6% increase in spending at the start of the year, reaching 1.7 ...

Defense Secretary Pete Hegseth said he would restore the names of military bases to previous ones that had been changed due ...

As Elon Musk has led an effort to slash government spending, his own companies have, over the last few years, received billions of dollars in government contracts.