In the 2024 fiscal year, the United States will dedicate a staggering $883.7 billion to defense. Inching ever closer to the $1 trillion mark, America’s defense budget remains the world’s largest by some distance. Its nearest competitor, China, will only spend $236.1 billion in comparison, a number that the U.S. budget more than triples.
Discover the staggering figures behind the Navy’s arsenal, including the rapidfiring Phalanx CIWS and the advanced SM3 AntiBallistic Missile. Get insights into the financial might behind America's military strength and how it compares globally.

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