US Leads Record Rise in Spending on Nuclear Arsenals, Campaign Group Says
Story Code : 1284796
The 19% increase from 2024 produced the highest expenditure on nuclear weapons since the campaign group began tracking the annual nuclear arms expenditure of the US, Russia, China, France, Britain, India, Pakistan, North Korea and the Israeli regime in 2020, Reuters reported.
The US spent $69.2 billion, more than all other nuclear states combined, and saw largest increase, at 22%.
The US is increasing military spending in general as well as rebuilding nuclear arsenal, ICAN says.
China came second, increasing by 7% to $13.5 billion.
Britain overtook Russia to become third-biggest spender, up 17% to $12.6 billion. Russia spent $9.5 billion, increase of 6%.
2017 Nobel Peace laureate ICAN seeks total elimination of nuclear weapons.