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dismantle the

Military Industrial Complex

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Commonly Cited US Military Spending FY2024 (excluding VA & Other Spending): $997,000,000,000 ($997 Billion)

Real Total US Military Spending FY2024: $1,700,000,000,000 ($1.7 Trillion)

Percentage of Pentagon Budget Going to Contractors: 54

Minimum Estimated Cost of US "war on terror": $8,000,000,000,000 ($8 Trillion)

Number of US military bases abroad: 750-800

Top 5 Pentagon Contractors: Lockheed Martin, Raytheon (RTX), Boeing, General Dynamics, Northrup Grumman

Commonly Cited US Military Spending FY2024 (excluding VA & Other Spending): $997,000,000,000 ($997 Billion) • Real Total US Military Spending FY2024: $1,700,000,000,000 ($1.7 Trillion) • Percentage of Pentagon Budget Going to Contractors: 54 • Minimum Estimated Cost of US "war on terror": $8,000,000,000,000 ($8 Trillion) • Number of US military bases abroad: 750-800 • Top 5 Pentagon Contractors: Lockheed Martin, Raytheon (RTX), Boeing, General Dynamics, Northrup Grumman •

See below for sources.

“we must guard against
the acquisition of
unwarranted influence
… by the
military-industrial complex.”

President Dwight D. Eisenhower, “Farewell Address,” 1961”

“Only an alert and knowledgeable citizenry can compel the proper meshing
of the huge industrial and military machinery of defense with our peaceful methods and goals, so that security and liberty may prosper together.”

President Dwight D. Eisenhower, “Farewell Address,” 1961

Eisenhower’s
Farewell Address on the
Military Industrial Complex

Short Clip

Full Speech

Sources for Statistics in scrolling ticker above

Commonly Cited US Military Spending FY2024: $997,000,000,000 ($997 Billion)
SIPRI, “Unprecedented rise in global military expenditure as European and Middle East spending surges,” April 28, 2025, https://www.sipri.org/media/press-release/2025/unprecedented-rise-global-military-expenditure-european-and-middle-east-spending-surges.

Real Total US Military Spending FY2024: $1,700,000,000,000 ($1.7 Trillion)
David Vine, calculations available at Instagram, https://www.instagram.com/p/DJRgj_cpjws/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==.

Percentage of Pentagon Budget Going to Contractors: 54
Across 2020–2024. William D. Hartung and Stephen Semler, “Profits of War: Top Beneficiaries of Pentagon Spending, 2020 – 2024,” Quincy Brief #79, Quincy Institute, July 8, 2025, https://quincyinst.org/research/profits-of-war-top-beneficiaries-of-pentagon-spending-2020-2024.

Minimum Estimated Cost of US “War on Terror”: $8,000,000,000,000 ($8 Trillion)
Costs of War Project, “Estimate of U.S. Post-9/11 War Spending,” June 2025, https://watson.brown.edu/costsofwar/costs/economic/budget.

Number of US Military Bases Abroad: 750–800
Overseas Base Realignment and Closure Coalition, Fact Sheet, https://www.overseasbases.net/fact-sheet.html. Drawing on David Vine, Patterson Deppen, and Leah Bolger, “Drawdown: Improving U.S. and Global Security Through Military Base Closures Abroad,” Quincy Brief #16, Quincy Institute/World Beyond War, September 20, 2021, https://quincyinst.org/report/drawdown-improving-u-s-and-global-security-through-military-base-closures-abroad/.

Top 5 Pentagon Contractors
Across 2020–2024. Hartung and Semler, “Profits of War.”

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