How much money the U.S. spends on war
in 2023 General Dynamics won contracts from the federal government for a total of almost $23 billion RTX had contracts for almost $28 billion and loed Martin won contracts for more than $68 billion while defense contractors stocks have continued to climb in recent years most have lagged the overall Market they have seen Highs but relative to the market and relative to the Aerospace and defense coverage they’ve actually underperformed significantly only maybe to uh Boeing have they out performed but since the Ukraine Invasion the dod has seen a big increase in military sales in fiscal year 2023 Us sales of military equipment and Hardware set a record of almost $81 billion including over $62 billion in armed sales to European allies
U.S. defense spending and military aid costs are adding up. President Joe Biden signed a $95 billion U.S. military aid package in April 2024, allocating funding to Ukraine, Israel, Taiwan and the Indo-Pacific region.
Watch the full video to learn more about where the U.S. sends military aid and personnel and how defense spending impacts the world at large: https://youtu.be/BlrhwfA4uUg
10 comments
First
i'm from ukraine and even i think US should spend more on their own citizens
it's a disgrace
greatest country in the world
A lot of money in those weapons Pop.
1. Too much is being spent by the US on Ukraine.
2. Much of what is spent by the Ukrainians is going to US companies.
Trillions!
Dan Aston-Gregory w/ Mattias Desmet This goes far beyond #massformation
That money could be used to help the homeless, feed the hungry, and fix the infrastructure.
Black tikka 😢😢😢
CNBC: How much money the US spends on war?
US: Not enough
That's why there is always war when there is corruption and money to profit. Do the citizens want war, NO. It's all about senators and so called leaders getting their donations. Perfect example is Ukraine and Israel.
More than enough to rebuild the collapsing infrastructure,
fix the housing crisis,
a universal health care for every American,
student loans reliefs
And the list goes on but nah..
The elite says war then war it be ..