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military spending Articles

Gripen Fighter Jets Deal Nixed by Swiss Voters Gripen Fighter Jets Deal Nixed by Swiss Voters

Saab Group was dealt a major blow this week as Swiss voters halted a plan to order the company’s Gripen fighter jets. The deal had been worth an estimated $3.5 billion. The deal stems from a February 2013 agreement between …

Defence Budgets to Rise, Shift Toward Middle East Defence Budgets to Rise, Shift Toward Middle East

The global economic downturn that began in 2008 didn’t just affect consumer businesses. The effects of the recession reached all the way to the most sacred of government spending initiatives – military spending. Global defense budgets have been falling since …

Reuters: Pentagon Bookkeepers Wasted $8.5 Trillion Reuters: Pentagon Bookkeepers Wasted $8.5 Trillion
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Earlier this summer, Reuters authors Scot J. Paltrow and Kelly Carr conducted an investigation into the Pentagon’s payroll practices; in their report, the authors alleged that an unbelievable level of dysfunction is causing financial hardships for soldiers. Today, the news …