Current：Home > NewsAre we overpaying for military equipment? -Blueprint Money Mastery
Are we overpaying for military equipment?
View
Date：2025-04-28 01:04:14
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！ (7)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Newcastle goalkeeper Martin Dubravka confronted by a fan on the field at Chelsea
- EU court annuls approval of French pandemic aid to Air France and Air France-KLM
- IRS to offer pandemic-related relief on some penalties to nearly 5 million taxpayers
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Stock market today: World shares advance after Wall Street ticks higher amid rate-cut hopes
- The French parliament approves a divisive immigration bill, prompting a heated debate
- Neighbors describe frantic effort to enter burning Arizona home where 5 kids died: Screaming at the tops of our lungs
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- New York man who served 37 years in prison for killing 2 men released after conviction overturned
Ranking
- Meta donates $1 million to Trump’s inauguration fund
- Israel’s top diplomat wants to fast-track humanitarian aid to Gaza via maritime corridor from Cyprus
- Body wrapped in tire chains in Kentucky lake identified as man who disappeared in 1999
- Horoscopes Today, December 20, 2023
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Analysts say Ukraine’s forces are pivoting to defense after Russia held off their counteroffensive
- A pro-peace Russian presidential hopeful submits documents to register as a candidate
- Billy Crystal makes first trip back to Katz's Deli from 'When Harry Met Sally' scene
Recommendation
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Fact-checking 'Maestro': What's real, what's 'fudged' in Netflix's Leonard Bernstein film
Travis Kelce Reacts to Amazing Taylor Swift's Appearance at Chiefs vs. Patriots Game
Neighbors describe frantic effort to enter burning Arizona home where 5 kids died: Screaming at the tops of our lungs
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Trump defends controversial comments about immigrants poisoning the nation’s blood at Iowa rally
As 'The Crown' ends, Imelda Staunton tells NPR that 'the experiment paid off'
Philadelphia's 6ABC helicopter crashes in South Jersey