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Contents

SIPRI Yearbook 2014

SIPRI Yearbook 2014

II. US military expenditure

Chapter:
4. Military expenditure and arms production
Source:
SIPRI Yearbook 2014
Author(s):
Sam Perlo-Freeman, Carina Solmirano, Helen Wilandh, Noel Kelly, Pieter D. Wezeman, Neil Ferguson

Military spending by the United States declined by 7.8 per cent in real terms in 2013, to $640 billion. Total US military spending includes core spending by the Department of Defense (DOD)—the ‘base budget’—plus spending by the Department of Energy on the nuclear arsenal, spending by the Department of State on foreign military aid and the costs of Overseas Contingency Operations (OCO, foreign military operations).1 Decreased spending on OCO accounted for around $20 billion of the total nominal-terms fall of $45 billion in US military spending in 2013 (see figure 4.4).2 This fall was largely the result of US withdrawal from Iraq at the end of 2011; since the US financial year (FY) 2012 ran from October 2011 to September 2012, this was the last financial year in which US troops were present in Iraq, and was when much of the costs of the withdrawal itself fell.

Citation (MLA):
Perlo-Freeman, Sam, Carina Solmirano, Helen Wilandh, Noel Kelly, Pieter D. Wezeman, and Neil Ferguson. "4. Military expenditure and arms production." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 19 Dec. 2018. <http://www.sipriyearbook.org/view/9780198712596/sipri-9780198712596-chapter-5-div1-3.xml>.
Citation (APA):
Perlo-Freeman, S., Solmirano, C., Wilandh, H., Kelly, N., Wezeman, P., & Ferguson, N. (2016). 4. Military expenditure and arms production. In SIPRI, SIPRI Yearbook 2014: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 19 Dec. 2018, from http://www.sipriyearbook.org/view/9780198712596/sipri-9780198712596-chapter-5-div1-3.xml
Citation (Chicago):
Perlo-Freeman, Sam, Carina Solmirano, Helen Wilandh, Noel Kelly, Pieter D. Wezeman, and Neil Ferguson. "4. Military expenditure and arms production." In SIPRI Yearbook 2014: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 19 Dec. 2018, from http://www.sipriyearbook.org/view/9780198712596/sipri-9780198712596-chapter-5-div1-3.xml
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