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, can ...

NATO is already planning to increase its defense spending target from the current 2% of GDP. "I assume that in The Hague we will agree on a high defense spend target of, in total, 5%," said NATO ...

In 2024, NATO member countries spent an average of 2.61% of their gross domestic product (GDP) on defense, but the figures vary widely across the alliance.

THE HAGUE, Netherlands — NATO's summit in the Netherlands on Wednesday has been described as "transformational" and "historic." "We're witnessing the birth of a new NATO," Finland's President ...

In their rush to retain Donald Trump's support for NATO, the alliance's European members have promised to more than double the amount of wealth they set aside for military spending.

Rutte runs NATO headquarters, trying to foster consensus and to speak on behalf of all members. NATO’s military headquarters is based nearby in Mons, Belgium. It is always run by a top U.S. officer.

U.S. President Donald Trump and his NATO counterparts are gathering this week for what might be a historic summit. It could also drive a wedge among the 32 member countries.

NATO Secretary-General Mark Rutte said that he expects alliance members to agree during next month's summit to a defense spending target of 5% of gross domestic product.

NATO members are set to agree to a goal to increase their defense spending level to 5% of their GDP as a means to address a long-held grievance by President Donald Trump.

NATO defense ministers are proposing a 5% annual investment in defense spending by member nations to enhance defensive capabilities during a meeting in Brussels on Thursday.

Nordic, Baltic and central European NATO members are committed to Ukrainian membership of the military alliance, the leaders of Poland, Romania and Lithuania said following a summit of the so ...

NATO wants European members to expand air defenses fivefold - report Jun. 04, 2025 6:26 AM ET SPDR® S&P Aerospace & Defense ETF (XAR) , PPA , DFEN , EUAD , ITA , SHLD , NATO By: Jessica ...