The United States spent 916 billion dollars on its military in 2023. This accounts for more than 40% of global military spending, totaling 2.4 trillion.
Government officials justify such significant spending on defense as necessary for deterring adversaries, upgrading weapons systems, and providing support to military families.
Defense spending by state in the 2022 fiscal year ranged from $552 million to approximately $63 billion, reflecting the varying military needs across the nation.
Many states with large defense contracts are also home to major defense contractors like Lockheed Martin and Northrop Grumman, connecting local economies to federal spending.
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