Taiwan announces $40 billion budget for weapons purchases
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Global tensions and strategic alliances are driving massive changes in market dynamics across the world—presenting both opportunities and challenges for investors. These changes are also bringing on a new defense spending supercycle—a prolonged period ...
The report highlights the defense sector’s role in supporting over 117,000 jobs and contributing $707 million in state and local tax revenue. Employment in the sector has risen 52% since the previous study, underlining the expanding economic footprint of military operations, contractors, and associated industries across the state.
In 2025, the military supports nearly 357,000 local jobs and represents $61.3 billion of San Diego County's economy. Last year, though, that economic impact was $63.2 billion, a loss of nearly $2 billion and north of 16,
The potential increase in defense expenditure to meet security needs over the next decade is poised to threaten Israel’s financial and fiscal stability, the Taub Center, a policy research institute in Jerusalem, warned on Tuesday. “At present, there ...
Louisiana's military economy expanded by 77% since 2021 with massive impacts at Barksdale Air Force Base in Shreveport-Bossier and Fort Polk near Alexandria.