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A small portion. The US is the world's #2 manufacturer. The US military spends less than $100 billion per year on purchasing military hardware (and the US expor
by adventured 3y ago
A small portion. The US is the world's #2 manufacturer. The US military spends less than $100 billion per year on purchasing military hardware (and the US exports less than that annually in an average year).
Lockheed's sales are smaller than Tesla's. The military industrial complex would fit into Apple's pocket.
Granted, the war in Ukraine has temporarily bumped up some export/trade numbers (2022 saw a big spike, around 50%+).
- sokoloff 3y agoProcurement of weapons and systems cost $136 billion in 2022 and $107 billion was spent on research and development of weapons and equipment. [1] - https://www.pgpf.org/budget-basics/budget-explainer-national-defense https://www.pgpf.org/budget-basics/budget-explainer-national...
- Garvi 3y agoWikipedia contradicts everything you just stated. Pentagons budged has been exceeding 700bil yearly : https://en.wikipedia.org/wiki/Military_budget_of_the_United_States https://en.wikipedia.org/wiki/Military_budget_of_the_United_... US is the top exporter of weapons. Bigger than all the others combined in fact: https://en.wikipedia.org/wiki/Arms_industry https://en.wikipedia.org/wiki/Arms_industry The information on current percentage of the US industry being utilized to produce weapons seems heavily censored and unavailable.
- jandrewrogers 3y ago> Wikipedia contradicts everything you just stated. Your "refutation" is does not address any point that was made by the person you are responding to. For example, the vast majority of the $700B military budget is not spent on weapons, something which is easily verified. Most of it is spent on administrative costs, logistics, medical research, etc. US weapons manufacturing is a rounding error in the US economy, easily <1%.
- Garvi 3y agoYou are correct. The 700B is mostly wages and R&D, I take it. The 100bil throws me off because knowing Germany just spent 100bil on just one order of F-35s, that are being discussed here. Not being contrarian, just making a point, I believe US weapons manufacturing being 50% of the US industry. The point being the heavy redaction of all data on this topic. "Prove me wrong"
- dmoy 3y ago> Germany just spent 100bil on just one order of F-35s, that are being discussed here. Wasn't it $10b, not $100b? Also that cost is not consistent - it'll be spread out over many years, it's likely they won't even get ten planes delivered in the next four years.