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Wednesday, Jan 28th

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You are here News Military Pentagon provided $2.4tn to private arms firms to ‘fund war and weapons’, report finds

Pentagon provided $2.4tn to private arms firms to ‘fund war and weapons’, report finds

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Trillions went to weapons contractorsMost of defense department’s discretionary spending from 2020 to 2024 went to military contractors.

A new study of defense department spending previewed exclusively to the Guardian shows that most of the Pentagon’s discretionary spending from 2020 to 2024 has gone to outside military contractors, providing a $2.4tn boon in public funds to private firms in what was descrhttps://www.theguardian.com/us-news/2025/jul/08/pentagon-military-spendingibed as a “continuing and massive transfer of wealth from taxpayers to fund war and weapons manufacturing”.

Responsible Statecraft and Costs of War project at Brown University said that the Trump administration’s new Pentagon budget will push annual US military spending past the $1tn mark.

That will deliver a projected windfall of more than half a trillion dollars that will be shared among top arms firms such as Lockheed Martin and Raytheon as well as a growing military tech sector with close allies in the administration such as JD Vance, the report said.

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