Russian defense spending could potentially fall this year from "a very, very high point," said Fenella McGerthy, an expert on defense economics at IISS.

Add Yahoo as a preferred source to see more of our stories on Google. China hosted two dozen world leaders for a huge military parade in Tiananmen Square on Wednesday to mark the 80th anniversary of ...

Chinese President Xi Jinping was joined by leaders from a host of countries at odds with the U.S. and its allies in a display of unity by an “Axis of Upheaval.” Chinese troops at the military parade.