Military spending is the sum of the economic resources a state allocates to the maintenance and development of its armed forces. It includes personnel expenses (military salaries and pensions), the purchase of armaments and equipment, the financing of military operations, research and development of new military technologies, and other items related to national defense.
Business & Finance
War Spending Is Rising: These 3 Defense Stocks Are Up Double Digits
NATO budgets are climbing and order backlogs are surging. Here’s which defense stocks are leading the rally in 2026 — and whether valuations are...