Wednesday, October 14, 2026

UK’s Healey puts defense in focus for reindustrialization push

LIVERPOOL, England — British finance minister John Healey will put his support firmly behind firms investing in defense on Monday, part of what he will describe as a new industrialization drive to try to spur the nation’s anaemic economic growth.In his first speech to the governing Labour Party’s annual conference as finance minister, Healey will…

EU nails down five defense priority areas to channel common spending

PARIS — European Union member states approved five projects for joint defense-industrial investment in priority areas including drones and counter-drone systems as well as air and missile defense, part of efforts to encourage more cooperation on defense spending and avoid overlap in the 27-nation bloc.The five projects approved on Monday are now eligible for EU…