The Scandinavian NATO countries Sweden, Denmark and Norway are providing a total of more than $500 million for an initiative ...

NATO's commitment to spend five percent of GDP on defense by 2035 was meant to unify the alliance, but it's revealing ...

The NATO Innovation Fund (NIF) is entering a new chapter, marked by the arrival of two new partners and the departure of its ...

According to NATO estimates, 22 of the alliance's 32 members met or exceeded the 2% benchmark, with nine falling short of the goal. Iceland is not included in the estimates as it has no armed forces.

Since NATO set its defense spending targets in 2014, overall average spending among member states has risen from 1.4% of GDP to 2% in 2024. The targets, however, are not legally binding.

The defense alliance of 32 countries is planning to invest billions in its security over the coming decade. But it’s a splurge that some European NATO members, saddled with huge debt burdens ...