Current：Home > ScamsAre we overpaying for military equipment? -PrestigeTrade
Are we overpaying for military equipment?
View
Date：2025-04-15 10:03:35
If the proposed defense budget is passed, it will account for roughly 3.5 % of U.S. GDP. The military buys everything from pens and paper clips to fighter jets and submarines. But the market for military equipment is very different from the commercial market. And sometimes the system results in the Pentagon, and taxpayers, overpaying.This week, we're bringing you a three-part series on the defense industry.
Today, we unpack how defense costs are getting so high and why it's happening.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
veryGood！ (14)
Related
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Watch these firefighters go above and beyond to save a pup from the clutches of a wildfire
- Pennsylvania agrees to start publicly reporting problems with voting machines
- Ecuadorians head to the polls just weeks after presidential candidate assassinated
- What do we know about the mysterious drones reported flying over New Jersey?
- Serena Williams has given birth to her second baby. It’s another daughter
- Replacing Tom Brady: Tampa Bay Buccaneers appoint Baker Mayfield as starting quarterback
- Tropical Storm Harold path live updates: System makes landfall in Texas
- Buckingham Palace staff under investigation for 'bar brawl'
- Rihanna and A$AP Rocky welcome second child, reports say
Ranking
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Proof Ariana Madix Isn't Pumping the Brakes on Her Relationship With New Man Daniel Wai
- Climate change doubled chance of weather conditions that led to record Quebec fires, researchers say
- Bachelor Nation's Ashley Iaconetti Admits Feeling Gender Disappointment Before Welcoming Son Dawson
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- 1-year-old dies after being left in hot day-care van, and driver is arrested
- Fantasy football draft cheat sheet: Top players for 2023, ranked by position
- Feeling dizzy? It could be dehydration. Here's what to know.
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
No harmful levels of PCBs found at Wyoming nuclear missile base as Air Force investigates cancers
Florida woman charged after telling police she strangled her 13-year-old son to death
Dentist convicted of killing wife on African safari gets life sentence, $15M in penalties
As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
Tropical Storm Harold makes landfall on Texas coast. It is expected to bring rain along the border
Maluma Reveals the Real Secret Behind His Chiseled Thirst Trap Photos
MRI on Commanders receiver Terry McLaurin’s toe injury showed no major damage, an AP source says