Most 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.
The Supreme Court on Tuesday cleared the way for President Donald Trump’s plans to downsize the federal workforce despite warnings that critical government services will be lost and hundreds of thousands of federal employees will be out of their jobs.
President Trump posted letters to the leaders of 14 countries, informing them that he plans to impose new tariffs on their exports to the U.S. beginning Aug. 1.
President Donald Trump and Israel's Prime Minister Benjamin Netanyahu said they would seek other countries to relocate Palestinians as part of ending Israel's war with Hamas.
