Led by US, Global Military Spending Surged to Record $2.4 Trillion Last Year

The top five biggest military spenders last year—the U.S., China, Russia, India, and Saudi Arabia—accounted for 61% of global military outlays.   JAKE JOHNSON Apr 22, 2024   New research published Monday shows that global military spending increased in 2023 for the ninth consecutive year, surging to $2.4 trillion as Russia’s assault on Ukraine and Israel’s war […]