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Contents

SIPRI Yearbook 2015

SIPRI Yearbook 2015

II. US military expenditure

Chapter:
9. Military expenditure
Source:
SIPRI Yearbook 2015
Author(s):
Sam Perlo-Freeman

US military expenditure in 2014 amounted to $610 billion in current prices and exchange rates. In real terms, this represented a decrease of 6.5 per cent compared to 2013, the fourth consecutive year of decline, taking US military spending a little under the level it was in 2005. Total US military spending covers outlays (actual expenditure) from: (a) ‘the base budget’, that is, spending related to the regular activities of the Department of Defense (DOD); (b) Department of Energy spending on the US nuclear arsenal; (c) spending by the Department of State on foreign military aid; (d) military spending in other government departments; and (e) Overseas Contingencies Operations (OCO) spending, which funds US combat operations and other military operations around the world.1

Citation (MLA):
Perlo-Freeman, Sam. "9. Military expenditure." SIPRI Yearbook. SIPRI. Oxford: Oxford University Press. 2016. Web. 25 May. 2019. <https://www.sipriyearbook.org/view/9780198737810/sipri-9780198737810-chapter-9-div1-3.xml>.
Citation (APA):
Perlo-Freeman, S. (2016). 9. Military expenditure. In SIPRI, SIPRI Yearbook 2015: Armaments, Disarmament and International Security. Oxford: Oxford University Press. Retrieved 25 May. 2019, from https://www.sipriyearbook.org/view/9780198737810/sipri-9780198737810-chapter-9-div1-3.xml
Citation (Chicago):
Perlo-Freeman, Sam. "9. Military expenditure." In SIPRI Yearbook 2015: Armaments, Disarmament and International Security, SIPRI. (Oxford: Oxford University Press, 2016). Retrieved 25 May. 2019, from https://www.sipriyearbook.org/view/9780198737810/sipri-9780198737810-chapter-9-div1-3.xml
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