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10 Weakest Militaries in Africa [Yahoo! Finance]

Lockheed Martin Corporation (LMT) 
Last lockheed martin corporation earnings: 4/21 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
Global military spending increased 6.8% from 2022 – the steepest rise since 2009 – to reach a record-high of $2.44 trillion in 2023, according to latest figures released by the Stockholm International Peace Research Institute (SIPRI). This is the ninth successive year of growth in defense expenditure, with spending increasing across all regions of the world. The United States continued to remain the largest military spender in the world, having spent a whopping $916 billion on defense in 2023, representing 37% of the world's total defense expenditure. China, Russia, India, and Saudi Arabia retained their positions in the top five, while Ukraine climbed from 11th spot in 2022 to become the eighth largest spender on defense, having spent $64.8 billion in 2023. Combined, the top ten countries accounted for 74% of the world's total defense expenditure during the year. In Africa, the military spending totaled $51.6 billion in 2023, which was 22% higher than in 2022, and represented 2. Show less Read more
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