Defence budget speeds toward USD 1 trillion, with China in mind
Thats in part to meet the higher cost of weapons and parts, but also to answer the vulnerabilities that the Ukraine war has exposed in the U.S. defense industrial base, and the strategic threat the U.S. sees from Chinas rapidly growing nuclear arsenal, its hypersonic capabilities and its gains in space.Even if it only grows to account for inflation, the budget will hit a trillion dollars, probably before the next five years, Pentagon comptroller Michael McCord told a press briefing.