Defence set for spending boost as strategy unveiled

@MichaelWestBiz— Defence will be given an extra $50 billion over the next decade as part of a shake-up of the Australian military. Launching the first national defence strategy in a major speech on Wednesday, Defence Minister Richard Marles unveiled a boost to spending in the sector, citing the most challenging strategic environment since World War II. […]

www.counterpunch.org—The Australian Defence Formula: Spend! Spend! Spend!. The skin toasted Australian Minister of Defence, Richard Marles, who resembles, with each day, the product of an overly worked solarium, was adamant. Not only will Australians be paying a bill up to and above A$368 billion for nuclear powered submarines it does not need; it will also be throwing A$100 billion into the coffers of More

Daily Mail—Ten stocks to invest in NOW to profit from Rishi's defence spending boost. Prime Minister Rishi Sunak has stepped up to the plate and announced a major boost in the country's defence spending. Here are 10 opportunities that investors may wish to consider

The Guardian—UK to boost defence spending to 2.5% of GDP, Sunak says. PM pledges to put arms industry on ‘war footing’ with plan to raise defence budget to £87bn a year by 2030Britain will boost its defence spending to 2.5% of national output by the end of the decade as Rishi Sunak pledged to put the UK’s arms industry on a “war footing” in response to global threats.The prime minister’s plan, which he said would help the UK deal with an “increasingly dangerous” world, would steadily increase defence spending to £87bn a year by 2030. Continue reading