U.S. funding for military R&D surges 24 pct for past decade: SIPRI
STOCKHOLM, April 25 (Xinhua) -- The funding for military research and development (R&D) of the United States, the world's largest military spender, rose by 24 percent over the past decade, the Stockholm International Peace Research Institute (SIPRI) said on Monday.
The U.S. funding for military R&D rose by 24 percent between 2012 and 2021, while arms procurement funding fell by 6.4 percent over the same period, the SIPRI said in a report.