Amid escalating geopolitical tensions, global defense spending reached an all-time high of2,.72trillionin2024,accordingtotheStockholmInternationalPeaceResearchInstitute(SIPRI).Thismarksa9.42,.72 trillion in 2024, according to the Stockholm International Peace Research Institute (SIPRI). This marks a 9.4% year-over-year increase—the sharpest annual rise since the Cold War era.The top five spenders—the United States, China, Russia, Germany and India—accounted for 60% of the global defense budget, reflecting a high concentration of military outlays. U.S. military expenditure grew by 5.7%, reaching 2,.72trillionin2024,accordingtotheStockholmInternationalPeaceResearchInstitute(SIPRI).Thismarksa9.4997 bil ...
enCore Energy(US:EU) ZACKS·2025-06-05 20:31