The (mis)management of the Iraq war has revealed the government’s increasing reliance on private military contractors (such as Lockheed, Blackwater and KBR) to provide cost-effective logistical and equipment support to our troops. However, these organizations have breached the public trust in their pursuit of profit. Since 2003, dubious billing practices, wasteful management and [...]
The US Government regularly awards lucrative contracts to do things the Government is unable to do, such as acquire goods and services for the various branches of our military. Unfortunately, often these contracts turn into expensive boondoggles with vast profits being made by private companies while the services are delivered late, over cost or not [...]
Total worldwide military spending
Worldwide military expenditures: $1,200,000,000,000
United States military expenditures: $583,283,000,000
Total EU military expenditures: $304,000,000,000
French military expenditures: $74,690,470,000
United Kingdom military expenditures: $68,911,000,000
Chinese military expenditures: $59,000,000,000