VAS Community-Are we overpaying for military equipment?

2025-05-02 01:27:34source:Writingstar Investment Guildcategory:Contact

If the proposed defense budget is VAS Communitypassed, 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.

More:Contact

Recommend

A steeplechase record at the 2024 Paris Olympics. Then a proposal. (He said yes.)

She quite didn't make her way to the podium, but either way, French track and field athlete Alice Fi

Strikes on Gaza’s southern edge sow fear in one of the last areas to which people can flee

RAFAH, Gaza Strip (AP) — Israeli forces struck the southern Gaza town of Rafah twice overnight, resi

A record number of fossil fuel representatives are at this year's COP28 climate talks

The United Nations climate change talks in Dubai have broken a record for the largest number of foss