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Europe's rearmament push drives global military spending to record $2.9 trillion despite U.S. pullback
Increased spending in Europe was the main driver of global spending growth. The U.S. kept its spot as the world's top defense spender, splurging $954 billion in 2025 alone.
Increased spending in Europe was the main driver of global spending growth. The U.S. kept its spot as the world's top defense spender, splurging $954 billion in 2025 alone.