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State Rankings: Defense Spending Revealed
defense-spending1.625 min read

State Rankings: Defense Spending Revealed

2 years agoSource: Military Times
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"Record High Global Military Spending Continues to Rise"
defense-spending
1.195 min2 years ago

"Record High Global Military Spending Continues to Rise"

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.

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