textdi.com - "Spending approved by the US Congress for 2026 has risen to over US$1 trillion ($1.4 trillion), a substantial increase from 2025, and could rise further to US$1.5 trillion ($2.1 trillion) in 2027 if President Trump's latest budget proposal is accepted."SIPRI's figures do not account for the war in the Middle East — launched by the US and Israel against Iran in February — which is estimated to have cost the US tens of billions of dollars.Of the top 15 military spenders, all but three — the US, the United Kingdom and Israel — increased their spending "As in Europe, US allies in Asia and Oceania are also under pressure from the Trump administration to spend more on their militaries." Military expenditure in the Middle East was stable at $303 billion last year, an increase of 0.1 per cent

Where did Australia rank as global military spending hit a record $4 trillion?

"Spending approved by the US Congress for 2026 has risen to over US$1 trillion ($1.4 trillion), a substantial increase from 2025, and could rise further to US$1.5 trillion ($2.1 trillion) in 2027 if President Trump's latest budget proposal is accepted."SIPRI's figures do not account for the war in the Middle East — launched by the US and Israel against Iran in February — which is estimated to have cost the US tens of billions of dollars.Of the top 15 military spenders, all but three — the US, the United Kingdom and Israel — increased their spending "As in Europe, US allies in Asia and Oceania are also under pressure from the Trump administration to spend more on their militaries." Military expenditure in the Middle East was stable at $303 billion last year, an increase of 0.1 per cent