Global defense spending rose to a record $2.2 trillion. NATO member countries account for half of this amount.
NATO member countries have increased defense spending since the start of Russia’s war against Ukraine. Bloomberg reported this.
The London-based International Institute for Strategic Studies (IISS) notes that global defense spending rose 9% to a record $2.2 trillion, with NATO member countries accounting for half of that amount.
The IISS report states that the collective defense budget of China, Russia, India and NATO member countries accounts for more than 70% of global military spending. Spending by non-NATO countries has increased by 32% since Russia invaded Ukrainian Crimea in 2014.
The pace of munitions spending in the war between Russia and Ukraine has also forced the West to acknowledge that production capacity has weakened, and countries are trying to correct shortfalls resulting from years of military underfunding. – industrial complex.
The IISS estimates that Moscow can withstand about three years of heavy losses and replace them with tanks from warehouses, and the speed with which Russia removes old tanks from its stockpile could reach once in 90 tanks per month.
The IISS notes that the US Army has begun developing a new artillery strategy with an emphasis on precision fires at long ranges and has changed its approach to recruiting personnel.
Russia’s invasion of Ukraine also prompted the US Air Force to increase the number of major weapons thereafter.
Let’s remember that former President Donald Trump said that during his presidency in the United States he threatened NATO countries that he would incite Russia to attack them if they did not contribute to the Alliance.
Source: korrespondent
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.