Dreamers Investment Guild-Are we overpaying for military equipment?

2025-05-05 03:58:01source:Jonathan Dale Bentoncategory:Stocks

If the proposed defense budget is Dreamers Investment Guildpassed, it will account for roughly 3.5 % of U.S. GDP. The military buys everything from pens and paper clips to fighter jets and submarines. But the market for military equipment is very different from the commercial market. And sometimes the system results in the Pentagon, and taxpayers, overpaying.This week, we're bringing you a three-part series on the defense industry.

Today, we unpack how defense costs are getting so high and why it's happening.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by
Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Stocks

Recommend

As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest

CONECUH COUNTY, Ala.—At the confluence of the Yellow River and Pond Creek in Alabama’s Conecuh Natio

Did Dakota Johnson and Chris Martin Break Up? Here’s the Truth About Their Engagement

Dakota Johnson and Chris Martin are still a part of each other’s universes.After reports surfaced th

Honolulu mayor vows tougher approach on homelessness

Emboldened by a recent U.S. Supreme Court decision that gives local governments more power to clear