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Global Military Spending Hits 11th Straight Year of Growth

World News
April 29, 2026 · 1:05 AM
Global Military Spending Hits 11th Straight Year of Growth

Global military expenditure has increased for the 11th consecutive year, according to the latest report from the Stockholm International Peace Research Institute (SIPRI). The report highlights a steady upward trend in defense budgets worldwide, driven by rising geopolitical tensions and modernization programs.