
defense-spending1.625 min read
State Rankings: Defense Spending Revealed
2 years ago•Source: Military Times
The latest defense spending stories, summarized by AI


Military spending across the world rose by 3.7% in 2022, with Europe seeing the sharpest rise of 13%, according to the Stockholm International Peace Research Institute. The increase in spending is seen as a response to growing global insecurity, with dictators on the march. The US is less prepared for this precarious moment than official statistics suggest, and the risks of inaction are growing.