Top 20 States Where the US Military Spends the Most Money [Yahoo! Finance]
Lockheed Martin Corporation (LMT)
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Source: Yahoo! Finance
You can skip our detailed analysis on the breakdown of the Department of Defense (DoD)'s spending by state and head over directly to the Top 5 States Where the US Military Spends the Most Money Figures released by the Stockholm International Peace Research Institute (SIPRI) last month revealed that global military spending reached an all-time high of $2.44 trillion in 2023, increasing 6.8% in real terms compared to 2022. This is the steepest year-on-year rise in defense expenditure since 2009. The report also highlighted that world military expenditure has now been increasing for the last consecutive nine years. Defense spending in the United States grew 2.3% to total $916 billion in 2023, which amounted to 37.5% of the global military expenditure, and represented 68% of all NATO military spending. On the other hand, Russia's defense bills also witnessed a 24% increase in 2023 amid the war in Ukraine. Israel's military expenditure rose 24% as well compared to 2022, driven by its l
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LMT
Earnings
- 4/23/24 - Beat
LMT
Sec Filings
- 5/3/24 - Form 8-K
- 4/29/24 - Form 4
- 4/23/24 - Form 10-Q
- LMT's page on the SEC website