Report: In 2018, Global Defense Spending Will Reach Highest Level Since Cold War | The National Interest Blog:
"Global defense spending in 2018 is expected to reach the highest levels recorded since the end of the Cold War.
That’s according to Jane’s Defense Budget, the annual forecast produced by IHS Jane’s. In a press release announcing the report’s publication, IHS Jane’s estimated that worldwide defense spending in 2018 will be $1.67 trillion, slightly exceeding the previous post–Cold War record of $1.63 trillion, set in 2010. The $1.67 trillion would be a 3.3 percent increase over 2017 levels, the highest year-on-year growth in over a decade."Read More
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