https://www.militarytimes.com/news/pentagon-congress/2018/11/14/price-tag-of-the-war-on-terror-will-top-6-trillion-soon/ The price tag of the ongoing “war on terror” in the Middle East will likely top $6 trillion next year, and will reach $7 trillion if the conflicts continue into the early 2020s, according to a new report out Wednesday. The annual Costs of War project report, from the Watson Institute for International and Public Affairs at Brown … Continue reading Price tag of the ‘war on terror’ will top $6 trillion soon
The Pentagon’s Industrial Policy
http://www.tomdispatch.com/post/176490/tomgram%3A_william_hartung%2C_the_pentagon%27s_plan_to_dominate_the_economy His plan is now visibly taking shape -- one we can see and assess thanks to a Pentagon-led study with a distinctly tongue-twisting title: “Assessing and Strengthening the Manufacturing and Defense Industrial Base and Supply Chain Resiliency of the United States.” The analysis is the brainchild of Trump’s adviser for trade and manufacturing policy, Peter Navarro, who … Continue reading The Pentagon’s Industrial Policy
The U.S. Navy’s costliest warship was delivered without elevators needed to lift bombs
https://www.bloomberg.com/news/articles/2018-11-02/costliest-carrier-was-delivered-without-elevators-to-lift-bombs The $13 billion Gerald R. Ford aircraft carrier, the U.S. Navy’s costliest warship, was delivered last year without elevators needed to lift bombs from below deck magazines for loading on fighter jets. Previously undisclosed problems with the 11 elevators for the ship built by Huntington Ingalls Industries Inc. add to long-standing reliability and technical problems with … Continue reading The U.S. Navy’s costliest warship was delivered without elevators needed to lift bombs
SIPRI: Global military spending remains high at $1.7 trillion
(Stockholm, 2 May 2018) Total world military expenditure rose to $1739 billion in 2017, a marginal increase of 1.1 per cent in real terms from 2016, according to new figures from the Stockholm International Peace Research Institute (SIPRI). China’s military expenditure rose again in 2017, continuing an upward trend in spending that has lasted for … Continue reading SIPRI: Global military spending remains high at $1.7 trillion
11% increase in Pentagon’s budget
For starters, it’s about an $80 billion increase in the Pentagon’s budget from 2017 to 2019. In real terms, that’s about 11 percent — a larger two-year increase than the DoD received during the height of the Reagan military buildup in the mid-1980s. To put this massive increase in perspective, here are a few other … Continue reading 11% increase in Pentagon’s budget
