Military-industrial Complex - Current Applications

Current Applications

According to SIPRI, total world spending on military expenses in 2009 was $1.531 trillion US dollars. 46.5% of this total, roughly $712 billion US dollars, was spent by the United States. The privatization of the production and invention of military technology also leads to a complicated relationship with significant research and development of many technologies.

The Military budget of the United States for the 2009 fiscal year was $515.4 billion. Adding emergency discretionary spending and supplemental spending brings the sum to $651.2 billion. This does not include many military-related items that are outside of the Defense Department budget. Overall the United States government is spending about $1 trillion annually on defense-related purposes.

The defense industry tends to contribute heavily to incumbent members of Congress.

Read more about this topic:  Military-industrial Complex

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