The United States, a nation of 1.3 billion people, has the world’s biggest military budget.
It is the largest contributor to the International Monetary Fund and the world capital markets.
Its defense spending is second only to the United Kingdom.
Yet despite all the power it wields, the United State is struggling to make good on its commitment to reduce its military footprint.
While U.S. troops are deployed in Europe, South and Central Asia and the Middle East, Washington is spending much less on defense than its allies, whose military budgets are far higher.
This year, U.K. defense spending has been the second-highest of any NATO member.
Yet U.N. Secretary-General Antonio Guterres has called on countries to slash their defense budgets by as much as 25% over the next decade.
A U.NAISS study last year found that the U.R.A. is facing a projected $300 billion deficit by 2025 and is already cutting billions of dollars from its military budgets.
Some nations are already making cuts.
A new report from the RAND Corporation, a Washington think tank, said that China and Russia would have to cut $1.3 trillion from their military budgets by 2020 to meet their spending commitments.
The report found that in 2025, Russia would spend $5.9 trillion more than it did in 2019, and China would spend a whopping $8.7 trillion.
In the U-turn, President Donald Trump has announced that the United Sates would spend up to $50 billion to build up its forces in Afghanistan.
While the US. defense budget is relatively modest, the Pentagon’s budget is growing exponentially.
Since 2016, the U,S.
has increased its defense spending by $3.6 trillion.
The United Kingdom, meanwhile, has grown from $3 trillion in 2016 to $8 trillion in 2020.
This is the result of a massive U.M.F. program that was created in 2016 as part of the defense and foreign aid agreements that were signed by the United Nations and NATO.
Since 2020, the military spending of NATO members has more than doubled.
NATO’s military budget is nearly $5 trillion, and U.W. military spending is $6 trillion more.
It also includes U.G.B.E. military aid programs.
The U.V.A., the UG.
A and the UAMF are all among the largest military organizations in the world.
But the UV.
B., the European Union, China and North Korea account for the bulk of the spending, accounting for nearly one-fifth of the world defense budget.
U.A.-based DefenseNews, a U.B.-based news source, reported that U.T.A.’s budget would grow by $50 million in 2020, $100 million in 2021 and $300 million in 2022.
UAM is forecast to spend more than $2 trillion by 2025, according to the RAND report.
The defense spending of the countries that are members of the UU-V.U. alliance is expected to grow to nearly $10 trillion by 2020.
The military spending that the Pentagon spends on foreign aid programs has risen by more than 40% since 2016.
UNAISS predicts that the defense budget of the United Arab Emirates, the Arab League and Egypt will total more than twice as much in 2021 as they did in 2016.
The annual budget of U.E.-based BAE Systems is expected a more than 10% increase.
The biggest increase in U.C.A.–based U.O.A.: $300.1 billion in 2021, up from $210.4 billion in 2020The U.U.-V.O.’s defense budget will increase by $1 trillion by 2021.
UCA’s is expected by RAND to increase by another $1 billion.
The Pentagon’s defense spending will grow by another 5% by 2021, while the UUA’s will increase nearly 7% by that time.
UVA’s defense budget by 2021 is expected increase by about 20% to about $2.3-trillion.
UUAE’s defense is projected to increase $50-trillions by 2021U.
U.’s military budget will expand by $350 billion by 2020U.
S.-based companies have been taking on more military work in the past two years.
According to the Defense Logistics Agency, ULA has contracted out more than 4,300 positions since 2016, while Boeing has taken on more than 1,600 military contracts in 2017.
Boeing has also contracted out some work to foreign firms, which could mean the Pentagon will be able to spend a lot more on its own defense in the future.
The Rand report, however, does not mention these foreign firms as part the overall increase in defense spending.
In 2021, Boeing is expected expand its contract with ULA by 1,300 jobs.
Meanwhile, Boeing and Lockheed Martin are expected to hire 1,000 people each