Europe And Asia Drive Global Military Spending To Record $2.9T Amid Worldwide Rearmament
- Posted on April 27, 2026
- By International Business Times
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- 1 min read
Military expenditures worldwide have reached unprecedented levels, with $2.887 trillion spent in 2025 as nations across Europe and Asia intensify defense budgets. This eleventh consecutive year of growth reflects geopolitical tensions, regional conflicts, and strategic competition among major powers. The escalating arms race underscores shifting security concerns and the race for technological military superiority in an increasingly unstable global landscape.
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