NATO allies have reportedly agreed to hike their defense spending to 5% of gross domestic product (GDP) by 2035. One chart shows what a big ask that is.

The recommended spending has been increased from 2% of GDP that was agreed at the Nato summit in Wales in 2014. Member countries are now supposed to submit “realistic” action plans to Nato and ...

NATO members have pledged to bring defense spending to 5% of GDP, with NATO's chief saying it will be used for a fivefold increase in air defenses.

Russia has broken 190 different "deals" over Ukraine since 1994, so it is unlikely that Europe will stop preparing for future ...

That's a big jump from 2% and a lot of people didn't even pay the 2%, so I think it's going to be very big news. NATO is going to become very strong with us and I appreciate doing it," he said.

The NATO summit this week may disappoint both defense and fiscal hawks in the U.S. because of a deceptively simple number: defense spending as a percentage of gross domestic product. As President ...

NATO's commitment to increase defense spending to 3.5% of GDP by 2035 offers Hensoldt a decade-long double-digit growth ...

NATO allies are meeting in the Netherlands on June 24-25 this week. The alliance has reportedly agreed to hike their defense spending to 5% of gross domestic product by 2035.

The Congressional Budget Office estimates that U.S. GDP will climb to $35.7 trillion by 2030, so 5 percent for defense would mean a Pentagon budget of $1.78 trillion — roughly double the current ...

NATO allies have reportedly agreed to hike their defense spending to 5% of gross domestic product (GDP) by 2035. One chart shows what a big ask that is.