Phnom Penh (FN), Mar. 3 – Today, five prime contractors receive 86% of Pentagon spending, down from 51 contractors sharing 6% at the Cold War’s end, leading to overspending and lower productivity.
The Trump administration has fired senior military leaders and lawyers, with the Pentagon potentially cutting 8% of its personnel.
China ranks second in defence spending at $235 billion, or $477 billion in purchasing power, with 600 nuclear warheads set to reach 1,000 by 2030 amid its focus on Taiwan.
Russia’s $146 billion defence budget (6% of GDP) translates to $461 billion in real terms, with a nuclear arsenal rivalling the U.S. despite its smaller economy.
This article was originally published on Voronoiapp.
=FRESH NEWS