Florida has been ranked 4th in military defense spending in the nation. This ranking represents $30.2 Billion and 5.4% of the Department of Defense's total expenditures in the United States. Learn how these military expenditures are shaping the state’s economy: https://bit.ly/4eEulii
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In the realm of military defense, being able to adapt quickly to changing scenarios is essential. Acquire by Arcarithm offers just that - flexibility and advanced analytics for your defense strategies. #MilitaryAdaptability https://lnkd.in/etBgdqDV
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Mexico’s Military Splurged on Trains, Planes and Horses in 2023. Mexico’s military splurged well beyond its original budget allotment last year — and most of those funds were used for infrastructure projects. The Defense Ministry — which includes the army and air force — was approved to spend 112 billion pesos, or roughly $6.6 billion, in 2023, according to the recently released public budget. It ended up spending 144 billion pesos, or 29% more. The Navy, a separate ministry, spent 57.5 billion pesos, or 37% more than its initial budget of 42 billion pesos. https://lnkd.in/dY_HZgyM
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Cybersecurity & Blockchain Research Analyst || Digital Communication Expert || Automotive Journalist || The 'First Storybender'
The Price of Power: U.S. spends $13.6bn yearly to maintain military aircraftsMaintaining the world's most advanced military aircraft comes at a hefty price. The United States Air Force and Navy gulp $13.6 billion annually to keep their fleets operational. Aging aircraft, specialised maintenance requirements, and parts shortages contribute to rising costs, challenging both branches to balance readiness with budget constraints. Despite these challenges, the U.S. remains a dominant force in the air, showcasing the high cost of maintaining military power. #USMilitary #AircraftMaintenance #DefenseSpending
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The increase in production volumes over 2017-2021-2023 for the top ten global producers suggests that at least the first two understood the possible trend in advance. As for the rest, it is clear that an increase in production by tens and even hundreds (!) percent is not just a trend - it is a systemic strategy.
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The orders of the ten largest Western defense companies have increased by 57% since 2017, reaching $730 billion. The production capacities of military plants in several Western companies are running at full capacity, exceeding 100%.
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Founder of FutureWarfare | Defense and Geopolitical Foresight & Reporting | AI Battleground | Marine
Top 15 defense groups had a combined weapons order backlog of $764 billion just from the first half of 2023. 2023 share prices in the sector have risen by 25%. Globally, military expenditure is estimated to reach a staggering $2,012.1 billion in 2023, with a forecast of $2,132.0 billion in 2024, growing annually at 2.74%.
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The U.S. outspends the next 10 countries combined on its military, and at the end of last year, President Biden signed the U.S. defense policy bill, authorizing a record $886 billion in annual military spending. But with the world’s geopolitical thermostat climbing, it’s easy to see this budget going even higher—even topping $1 trillion. According to Under Secretary of Defense Mike McCord, that astonishing dollar amount is “inevitable” within just a few years. Read further: https://lnkd.in/gxi-ij2U
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The Department of Defense issued a plan in 2022 to improve how it protects civilians from harm during U.S. military operations. While DOD has worked to address the most critical objectives of the plan, two key challenges remain. We recommended DOD address these challenges by setting performance goals and clarifying how the plan applies to certain operations. Learn more in our new report: https://lnkd.in/eqBBd-TG
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US Defense Spending The US spends $1.8 trillion a year on its Defense budget, yet the Congress is concerned about Social Security and Medicare. My first Commander-in-Chief, President Dwight D. Eisenhower, stated in his Farewell Address - "Beware of the military/industrial complex!" But we have not done so! I firmly believe in the defense of this nation, but I also firmly believe that $1.8 trillion a year is far too much. Cut that to $1 trillion by (a) cutting the size of each of the military manpowers by 1/3, and (b) cutting the size of the purchase of military hardware by 1/2. This nation must face the fact that people are more important than guns and airplanes.
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“This is building on the work that the Federal Liberal Government has been doing over the last 8 years on significant investments within defence. We’ve seen new ships being put in the water; you saw the procurement of the F-35. Today we saw their plan [which includes] purchasing new helicopters, investing in the north, supporting military families [since] it helps recruitment, but it also helps with retention. All in all, I think it’s a well-rounded policy.” Zita Astravas, Vice President, Federal, was featured on CBC Canada Tonight alongside Mike Schreiner and Lucas Meyer to discuss the federal government's latest defense policy titled "Our North, Strong and Free." This policy entails an allocation of $8.1 billion in new defense investments within the upcoming five years, with an additional commitment of $73 billion over the following two decades. #defense #military #cdnpoli #policy #canada #governmentrelations
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New structure of the People's Liberation Army (PLA - China). The four branches of the armed forces are: Land Forces, Navy, Air Force and Missile Forces. Four separate branches of forces (troops): Military Space Forces, Cyberspace Forces, Information Support Forces, Joint Logistics Support Forces Thus, the former Strategic Support Forces were disbanded and on their basis the Military Space Forces, Cyberspace Forces, and Information Support Forces were created. https://lnkd.in/dspTtYeK
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