As drones, AI and autonomous systems replace traditional military hardware, the race to acquire and invest in defense technology is heating up
The world is rearming itself at a pace not seen in a generation. Global military expenditure reached an estimated US$2.6 trillion in 2025, according to the International Institute for Strategic Studies, and the trajectory is only set to steepen. With the US Congress approving a defense budget exceeding US$1 trillion for 2026, a 13 percent increase, and European NATO members recording their…