Current：Home > MarketsAre we overpaying for military equipment? -Wealth Momentum Network
Are we overpaying for military equipment?
View
Date：2025-04-12 08:57:54
If the proposed defense budget is passed, it will account for roughly 3.5 % of U.S. GDP. The military buys everything from pens and paper clips to fighter jets and submarines. But the market for military equipment is very different from the commercial market. And sometimes the system results in the Pentagon, and taxpayers, overpaying.This week, we're bringing you a three-part series on the defense industry.
Today, we unpack how defense costs are getting so high and why it's happening.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood！ (5757)
Related
- South Korean president's party divided over defiant martial law speech
- Talor Gooch says Masters, other majors need 'asterisk' for snubbing LIV Golf players
- 7 California residents cash in multi-million dollar lottery tickets on the same day
- Are NBA teams taking too many 3-pointers? Yes, according to two Syracuse professors
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Sen. Mitch McConnell's retirement raises question: When is the right time to step back?
- We owe it to our moms: See who our Women of the Year look to for inspiration
- UC Berkeley officials denounce protest that forced police to evacuate Jewish event for safety
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- Becky G performing Oscar-nominated song The Fire Inside from Flamin' Hot at 2024 Academy Awards
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Kate Middleton's Rep Speaks Out Amid Her Recovery From Abdominal Surgery
- Surge in Wendy’s complaints exposes limits to consumer tolerance of floating prices
- Missing teen with autism found in New Mexico, about 200 miles away from his Arizona home
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Gonzaga faces critical weekend that could extend NCAA tournament streak or see bubble burst
- How to watch the 2024 Oscars: A full rundown on nominations, host and how to tune in
- Former UGA student's slaying prompts fierce national debate on immigration
Recommendation
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
Coinbase scrambles to restore digital wallets after some customers saw $0 in their accounts
Matt Damon, Ben Affleck and the power of (and need for) male friendship
Google CEO Pichai says Gemini's AI image results offended our users
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
Parents are hiring 'concierge moms' to help their kids at college, but is it a bad idea?
A Missouri law forbids pregnant women from divorce. A proposed bill looks to change that.
How many people voted in the 2024 Michigan primary? Here's voter turnout data for the 2024 race