The F-35 fighter jet program will cost taxpayers more than $2 trillion over its lifetime, cementing its place as one of the most expensive weapons programs in U.S. history, according to new estimates from the Government Accountability Office (GAO), an independent government watchdog.The new price tag represents a dramatic jump from a 2018 estimate that set the program’s total cost at $1.7 trillion. Most of the bump comes from projected sustainment costs, which increased by 44 percent to a cool...
Global Military Spending Hits All-Time High Of $2.4 Trillion By Tim Martin at BreakingDefense Global military expenditure surged to a record $2.44 trillion in 2023, the largest year-on-year rise on weapons spending since 2009, according to a new Stockholm International Peace Research Institute (SIPRI) report. The report, published today, said that the new figure is an “all time high,” equivalent to a 6.8 percent increase on spending in 2022 and marking the ninth consecutive...
Cybercrime is on an unprecedented rise. A new Statista Market Insights survey predicts that the annual cost of cyberattacks will reach $9.2 trillion this year. The figure surpasses even the revenues of some of the largest corporations in the world. More than 24 times that of Apple’s 2023 yearly revenue. This makes cybercrime one of the largest illegal economies globally. 9to5Mac Security Bite is exclusively brought to you by Mosyle, the only Apple Unified Platform. Making Apple devices...
Yuval RosenbergApril 23, 2024We told you earlier this month that global defense spending had reached a record $2.2 trillion last year. A study
The US remains the world’s largest defense spender, outlaying $916 billion last year, a 2.3 percent annual increase, ahead of China in second place, which spent an estimated $296 billion, a 6 percent increase over the same period.
Amazon CEO Andy Jassy thinks there’s "a long way to go" in all of its businesses and that could be good for investors.
Marseille are through to the Europa League semi-finals after they beat
Mikel Arteta's side missed the chance to return to the top of the Premier League. The Gunners had seen title rivals Liverpool fall to a shock 2-0 defeat earlier on. 'He doesn't have any excuse to dive!' Will Bukayo Saka learn from his Bayern tumble? Listen to the
Saskatoon, SK – Defenceman Ben Saunderson scored the overtime winner at SaskTel Centre on Sunday to lift the Blades to a 2-1 victory against the Red Deer Rebels. The Bridge City Bunch now lead the best-of-seven second round series 2-0. The Carberry, MB native found himself on the receiving end of captain Trevor Wong’s pass with
You could feel it happening at some point in the third quarter Tuesday — a near carbon copy of Saturday’s occurrence — Phoenix submitted.
The NBA's reigning MVP powered through pain to put up 34 points in a dramatic loss
SAULT STE. MARIE, Ont. - Bryce McConnell-Barker had two goals and one assist, Charlie Schenkel earned a 27-save shutout and the Sault Ste. Marie Greyhounds downed the Saginaw Spirit 4-0