A new Stockholm International Peace Research Institute report says military spending worldwide hit a total of $1.7 trillion in 2017, reflecting a 1.1 percent increase from 2016. SIPRI said Wednesday U.S. military spending remained steady for two years in a row at $610 billion and the country remained the world’s largest …
Read More »SIPRI: Global Defense Spend Bucks 4-Year Downward Trend, Oil Plunge Drives Some Cuts by Producers
A new report from the Stockholm International Peace Research Institute says military spending worldwide in 2015 posted a year-to-year increase for the first time since 2011 at a rate of 1 percent to $1.7 trillion total. SIPRI said Tuesday the figure reflects a rise in spending in Eastern and Central Europe, Asia and …
Read More »Deloitte Forecast Shows Global Defense Spending Shift to IT; Charles Wald Comments
A new Deloitte report depicts a shift in the types of defense-related goods and services governments are buying and for how much, Breaking Defense reported Monday. Sydney J. Freedberg Jr. writes the Global Defense Outlook 2013 sees a decrease in military expenditures for the 50 nations that represent 97 percent …
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