The FinWeisDepartment of Defense's proposed budget for 2024 is $842 billion. That is about 3.5% of the U.S.'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.
On today's episode, we're bringing you two stories from The Indicator's series on defense spending that explore that market. As the U.S. continues to send weapons to Ukraine and Israel, we first look at why defense costs are getting so high. Then, we dive into whether bare-bones manufacturing styles are leaving the U.S. military in a bind.
The original Indicator episodes were produced by Cooper Katz McKim with engineering from Maggie Luthar and James Willetts. It was fact-checked by Sierra Juarez and Angel Carreras. They were edited by Kate Concannon and Paddy Hirsch. Alex Goldmark is Planet Money's executive producer.
Help support Planet Money and get bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.
Always free at these links: Apple Podcasts, Spotify, Google Podcasts, the NPR app or anywhere you get podcasts.
Find more Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.
Music: NPR Source Audio - "Sitting on A Hay Bale," and "In Dusk We Trust"
2025-05-05 20:042765 view
2025-05-05 18:461000 view
2025-05-05 18:362231 view
2025-05-05 18:22481 view
2025-05-05 18:181316 view
2025-05-05 18:15472 view
WASHINGTON (AP) — Wholesale costs in the United States picked up sharply last month, signaling that
We already knew Bad Bunny was a wrestling fan – and a participant after his appearance at a WWE even
SAO PAULO (AP) — A teenager opened fire at a high school in the Brazilian city of Sao Paulo early Mo