Biggest Jump in World Defense Spending in 10 Years: Study
15 Feb 2020
Agence France Presse
Global spending on defense rose by 4% in 2019, the largest growth in 10 years, led by big increases from the U.S. and China, a study said Friday.
Beijing's military modernization program -- which includes developing new hard-to-detect hypersonic missiles -- is alarming Washington and helping drive U.S. defense spending, the International Institute for Strategic Studies (IISS) said.
The IISS's annual "Military Balance" report said the increase alone in U.S. spending from 2018 to 2019 -- $53.4 billion -- was almost as big as Britain's entire defense budget.
https://www.military.com/daily-news/2020/02/15/biggest-jump-world-defense-spending-10-years-study.html
