Global Military Spending Hit Record High in 2023, With US Out in Front
Global military spending hit record highs of $2443 billion in 2023, according to the Stockholm International Peace Research Institute, due to wars.
Source: businessinsider.com
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Wars, increased threats of conflict fuel world defense spending to highest on record
Global military spending reached the highest levels ever recorded amid two wars and concerns about expanding conflict in regions around the world.
Source: ktul.com
Military spending at new high in 2023 amid Ukraine war, China tension
Global military expenditures hit an all-time high at $2.44 trillion in 2023, up 6.8 percent from the previous year, amid Russia's invasion of Ukraine, crises in the Middle East and China's military buildup, an international security think tank
Source: kyodonews.net
Global Military Spending Reached an All-Time High Last Year at $2.4 Trillion
The US was by far the largest military spender at $916 billion in 2023, up 2.3 percent compared to the previous year.
Source: truthout.org
Israel Defense Firms Elbit Systems, IAI, and Rafael All Gain in World Rankings
The Stockholm International Peace Research Institute (SIPRI), released its annual ranking, for 2022, of the world’s top 100 arms producers and military services providers. The Israeli firms Elbit Systems, IAI, and Rafael all moved up on the list. (The rankings include activities from after the Russian invasion of Ukraine in February 2022.) To no one’s […]
Source: jewishbusinessnews.com