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US Air Force fighter aircraft F-35 performs aerobatic maneuvers on the second day of the Aero India 2023 at Yelahanka air base in Bengaluru, India, Feb. 14, 2023.

Military spending around the world reached record highs last year, new data shows

April 25, 2023
Military

New research shows that military spending grew for an eighth consecutive year in 2022 to an all-time high of $2,240 billion. Europe saw a sharp increase over the war in Ukraine. Meanwhile, China has expanded its reach, while the US wants to maintain its military superiority as the world's largest military.

Military spending around the world reached record highs last year, new data shows

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