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How much money the U.S. spends on war - TL;DR CNBC

How much money the U.S. spends on war

Publishing timestamp: 2024-05-16 06:02:01


Summary

President Joe Biden signed a $95 billion U.S. military aid package in April, with a record $886 billion authorized for military spending in 2024. The money will mostly support American defense industries. The five largest U.S. defense companies had contracts totaling over $118 billion in fiscal year 2022.


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Keywords: government and politicsukrainenational securitybusinessjoe bidenpoliticsbusiness newslockheed martin corpunited statesraytheon technologies corpu.s. economyforeign policyboeing coeconomymarketsdefense

Source: https://www.cnbc.com/2024/05/16/how-much-money-the-us-spends-on-war.html


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