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Global military spending reached $2.4 trillion after 7% hike in 2023

STOCKHOLM: The global military spending witnessed a significant 7% hike to reach $2.43 trillion in 2023 amid various ongoing conflicts that continue to fuel the demand for military. ....

United States , Zabaykal Skiy Kray , Lorenzo Scarazzato , Arms Production Programme , Stockholm International Peace Research Institute , Atlantic Treaty Organisation Nato , North Atlantic Treaty Organisation ,