The US has been Spending between $150-220 billion per year on military modernization. This does not include war budgets for MRAPs or field armor upgrades. Many programs were canceled because of cost overruns or other reasons which meant less of an actual modernization or buildup of equipment.
Several major programs dominate the US military budgets until 2030.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
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