The World Pays More than $1 Trillion for Defense Defense spending around the globe is up just 1%, but that incremental increase adds up to a lot—$1.7 trillion with a “T”, according to the Stockholm International Peace Research Institute (Sipri).  The U.S. reduced spending by 2.4%, yet it still far out paces the rest of the world. In 2015, it shelled out $596 billion. With investments of $215 billion in defense, an increase of 7.4% over the prior year, China vaulted ...


"The Week in Defense April 7-14, 2016" is part of Aviation Week & Space Technology’s subscription package. 

Subscribe now to read this full article. And by subscribing, you'll also receive full coverage of what's next in technology from the experts trusted by the global aerospace & defense community. 


Already registered? here.