US defence budget will equal ROW combined "within 12 months"

It is difficult to concieve that this is true especially with China's increased spending.

Any opinions anyone.

If it is true what are they rspending it on and are they getting value for money.

US defence budget will equal ROW combined "within 12 months"

By Guy Anderson Editor of Jane's Defence Industry

Defence expenditure in the US will equal that of the rest of the world combined within 12 months, making it "increasingly pressing" for European contractors to develop a "closer association" with the US, corporate finance group PricewaterhouseCoopers (PwC) says.

Its report - 'The Defence Industry in the 21st Century' by PwC's global aerospace and defence leader Richard Hooke - adds that "the US is in the driving seat", raising the prospect of a future scenario in which it could "dominate the supply of the world's arms completely".

The US defence budget reached US$417.4 billion in 2003 - 46 per cent of the global total.

Less than two per cent of the US defence budget is spent outside its home market, the report notes, and of this around one per cent goes to UK contractors.

Hooke says: "The message for management teams in all this - apart from the obvious for US contractors to monopolise the industry - is that they will fail to maximise value if they fail to define accurately the business segment in which they operate.

"For Europe and the UK in particular, it means, right now, an increasingly pressing need to develop a closer association with the US market."

Janes Defence Industry

More like offence. If it were defence, it wouldn't need that much money. Canada and Mexico aren't going to put up that much of an invasion.

Originally posted by Taishyou
More like offence. If it were defence, it wouldn't need that much money. Canada and Mexico aren't going to put up that much of an invasion.

hmm..

the US Offence Budget?

nice new "word" you have there for the Oxford

hehe

the best defense is goin offensive.

Originally posted by deltaboy
the best defense is goin offensive.

are you American?

has anyone ever told you that you are President material?



oh ya.. bomb da Iran

oh ya.. bomb da N Korea

while you are at it, bomb da Beijing as well




[edit on 5-5-2005 by betaiso]

Wow, that's a lot of money, hope it's really worth it, we may spend as much but can we really take on a even signficant (over 5-8) nations at a time, we're pretty much bogged down with our Iraq and afghanistan.

on another point, it was a lot better before they when it was called the war department, then they went all PC and and change to the defense department. Coast guard, national guard, border patrol are the technical defense forces but like was said above the best defense is a good offense.......

Oblivians void--you nailed it--all the firepower in the world and we're bogged down in Iraq. It's like pulling a humvee out of a mud-hole in Kansas with a mule.

yup all the money in the world aint going to even out the field if we P... enough of the world off. All well cry havok and roll out the nukes.........

Who cares about Jane's.

They dont even know how to spell DEFENSE.

Which means they are inferior.

I think the US needs to spend more on internal security like police, etc., and less on military. Cuz the only ways the US could be invaded are:

via land: Canada and Mexico?
via air: Canada and their cargo planes, Mexico and their patrol planes, and the USSR and their long range bombers. Wait... what USSR?
via sea: the British coming back to reclaim their colony?

The only REAL potential way that the US could be invaded is via terrorism, and US domestic anti-terrorism is not that impressive, imo. A bunch of suspicious terrorists came over from overseas, spent months learning how to fly a plane, then hijacks a plane and takes a whole half an hour on those slow civvie planes to get to the WTC for a bombing attack. I'm surprised they actually succeeded. The domestic measures to prevent such attacks needs huge improvement.

[edit on 5-5-2005 by Taishyou]

Originally posted by Taishyou
I think the US needs to spend more on internal security like police, etc., and less on military. Cuz the only ways the US could be invaded are:

via land: Canada and Mexico?
via air: Canada and their cargo planes, Mexico and their patrol planes, and the USSR and their long range bombers. Wait... what USSR?
via sea: the British coming back to reclaim their colony?

The only REAL potential way that the US could be invaded is via terrorism, and US domestic anti-terrorism is not that impressive, imo. A bunch of suspicious terrorists came over from overseas, spent months learning how to fly a plane, then hijacks a plane and takes a whole half an hour on those slow civvie planes to get to the WTC for a bombing attack. I'm surprised they actually succeeded. The domestic measures to prevent such attacks needs huge improvement.

[edit on 5-5-2005 by Taishyou]

we seen how counter terrorism money has been spent around the world but its not enough to stop a school attack or embassy attack look at the attacks from the world so u ask yerself if spending money on walls and bullet proof cars enough

Originally posted by betaiso

Originally posted by deltaboy
the best defense is goin offensive.

are you American?


has anyone ever told you that you are President material?

oh ya.. bomb da Iran

oh ya.. bomb da N Korea

while you are at it, bomb da Beijing as well

[edit on 5-5-2005 by betaiso]

You forgot....they gotta bomb "Bomb"-ay!!!



You need to include bombay!!

The fact that we spend so much on defense is disgusting to me.

I have no problem with keeping our military strong, but we have other needs in the US.

I often bring up universal health care with republican friends of mine. They are all opposed to it due to the tremendous cost, and yet they seem to have no problem spending ludicrous amounts of money on the military.

Do we really need to spend more than the entire world on defense when we have people in the US going bankrupt over medical bills?

I have an idea, lets fix social security by cutting defense spending. I am sick and tired of politicians telling us that they have no money to help us, while they spend billions on defense.

The numbers are not historically high. Here's the U.S. Defense Budget as a percentage of GDP through 2003:



Here's a ranking of countries by miltary spending as a percentage of GDP, the U.S. is number 36 on the list:

CIA World Factbook Table


[edit on 5/6/2005 by djohnsto77]

The Benefit Of Informed Leadership

Originally posted by Taishyou
I think the US needs to spend more on internal security like police, etc., and less on military. Cuz the only ways the US could be invaded are:

The value of your opinion suffers from its expressed assumptions.

In a world where multiple nations are equipped with nuclear weapons, ICBMs and nuclear submarines, and political/military objectives are almost never based on purely territorial matters, discussion of invasions from Canada or Mexico are sophistic and irrelevant.

Defense of the United States stopped being purely a question of territory decades ago.

The worst assumption of all is the false notion that an undefended U.S. would be left alone.

We've already learned that lesson the hard way.

I have many criticisms regarding the U.S., its defense policies and federal government in general.

However, one thing I am quite happy with is the fact that our military planners are better informed regarding the realities of the situation than any of their critics.

We hired them for a reason, and I haven't seen any member of ATS demonstrate they are better suited for the job -- especially those who show open contempt for my country.

The DOHS was created after 9/11 and a lot of other programs and systems were also created after 01, to ensure that it never happens again. A lot of money is also being spent on Homeland Security.
In my opinion the U.S. should increase their DOD budget as ever rowing threats require this to be done.

Not something to be proud of westpoint

I think they can cut out 15% or more and if used wisely could get twice as what they are getting now judging from Iraq. I mean the Israelis run a amazingly efficient shops with a fraction of what we are spending (we're footing most of the bill though...) just imagine what Israeli military ingenuity could accomplish with our current budget and full resources, the middle east and most of the world might be speaking Yiddish if they set their mind to it having our resources. Streamline expenses and use the leftover money to pay more to our underpaid and overly-used and highly deserving military men and women.

Are you suggesting the Isreali's are imperialistic?

Here's a ranking of countries by miltary spending as a percentage of GDP, the U.S. is number 36 on the list:

CIA World Factbook Table


[edit on 5/6/2005 by djohnsto77]

Canada ranked 128th on the list, which makes me happy.
24 to 27 000 kids starve to death every day. wtf is wrong with people?
And, btw, I have a hard time trusting stats published by the CIA. That's just me though.