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"These figures represent a continuing and massive transfer of wealth from taxpayers to fund war and weapons manufacturing," said the project's director.
Less than a week after U.S. President Donald Trump signed a budget package that pushes annual military spending past $1 trillion, researchers on Tuesday published a report detailing how much major Pentagon contractors have raked in since 2020.
Sharing The Guardian's exclusive coverage of the paper on social media, U.K.-based climate scientist Bill McGuire wrote: "Are you a U.S. taxpayer? I am sure you will be delighted to know where $2.4 TRILLION of your money has gone."
The report from the Costs of War Project at Brown University's Watson School of International and Public Affairs and the Quincy Institute for Responsible Statecraft shows that from 2020-24 private firms received $2.4 trillion in Department of Defense contracts, or roughly 54% of DOD's $4.4 trillion in discretionary spending for that five-year period.
The publication highlights that "during those five years, $771 billion in Pentagon contracts went to just five firms: Lockheed Martin ($313 billion), RTX (formerly Raytheon, $145 billion), Boeing ($115 billion), General Dynamics ($116 billion), and Northrop Grumman ($81 billion)."
In a statement about the findings, Stephanie Savell, director of the Costs of War Project, said that "these figures represent a continuing and massive transfer of wealth from taxpayers to fund war and weapons manufacturing."
"This is not an arsenal of democracy—it's an arsenal of profiteering," Savell added. "We should keep the enormous and growing power of the arms industry in mind as we assess the rise of authoritarianism in the U.S. and globally."
Between 2020 and 2024, $771 billion in Pentagon contracts went to just five firms: Lockheed Martin, RTX, Boeing, General Dynamics, and Northrop Grumman. By comparison, the total diplomacy, development, and humanitarian aid budget, excluding military aid, was $356 billion. [5/12]
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— The Costs of War Project (@costsofwar.bsky.social) July 8, 2025 at 2:43 PM
The paper points out that "by comparison, the total diplomacy, development, and humanitarian aid budget, excluding military aid, was $356 billion. In other words, the U.S. government invested over twice as much money in five weapons companies as in diplomacy and international assistance."
"Record arms transfers have further boosted the bottom lines of weapons firms," the document details. "These companies have benefited from tens of billions of dollars in military aid to Israel and Ukraine, paid for by U.S. taxpayers. U.S. military aid to Israel was over $18 billion in just the first year following October 2023; military aid to Ukraine totals $65 billion since the Russian invasion in 2022 through 2025."
"Additionally, a surge in foreign-funded arms sales to European allies, paid for by the recipient nations—over $170 billion in 2023 and 2024 alone—have provided additional revenue to arms contractors over and above the funds they receive directly from the Pentagon," the paper adds.
The 23-page report stresses that "annual U.S. military spending has grown significantly this century," as presidents from both major parties have waged a so-called Global War on Terror and the DOD has continuously failed to pass an audit.
Specifically, according to the paper, "the Pentagon's discretionary budget—the annual funding approved by Congress and the large majority of its overall budget—rose from $507 billion in 2000 to $843 billion in 2025 (in constant 2025 dollars), a 66% increase. Including military spending outside the Pentagon—primarily nuclear weapons programs at the Department of Energy, counterterrorism operations at the Federal Bureau of Investigation (FBI), and other military activities officially classified under 'Budget Function 050'— total military spending grew from $531 billion in 2000 to $899 billion in 2025, a 69% increase."
Republicans' One Big Beautiful Bill Act passed earlier this month "adds $156 billion to this year's total, pushing the 2025 military budget to $1.06 trillion," the document notes. "After taking into account this supplemental funding, the U.S. military budget has nearly doubled this century, increasing 99% since 2000."
Noting that "taxpayers are expected to fund a $1 trillion Pentagon budget," Security Policy Reform Institute co-founder Stephen Semler said the paper, which he co-authored, "illustrates what they'll be paying for: a historic redistribution of wealth from the public to private industry.”
Semler produced the report with William Hartung, senior research fellow at the Quincy Institute. Hartung said that "high Pentagon budgets are often justified because the funds are 'for the troops.'"
"But as this paper shows, the majority of the department's budget goes to corporations, money that has as much to do with special interest lobbying as it does with any rational defense planning," he continued. "Much of this funding has been wasted on dysfunctional or overpriced weapons systems and extravagant compensation packages."
The arms industry has used an array of tools of influence to create an atmosphere where a Pentagon budget that is $1 trillion per year is deemed “not enough” by some members of Congress. [9/12]
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— The Costs of War Project (@costsofwar.bsky.social) July 8, 2025 at 2:43 PM
In addition to spotlighting how U.S. military budgets funnel billions of dollars to contractors each year, the report shines a light on the various ways the industry influences politics.
"The ongoing influence of the arms industry over Congress operates through tens of millions in campaign contributions and the employment of 950 lobbyists, as of 2024," the publication explains. "Military contractors also shape military policy and lobby to increase military spending by funding think tanks and serving on government commissions."
"Senior officials in government often go easy on major weapons companies so as not to ruin their chances of getting lucrative positions with them upon leaving government service," the report notes. "For its part, the emerging military tech sector has opened a new version of the revolving door—the movement of ex-military officers and senior Pentagon officials, not to arms companies per se, but to the venture capital firms that invest in Silicon Valley arms industry startups."
The paper concludes by arguing that "the U.S. needs stronger congressional and public scrutiny of both current and emerging weapons contractors to avoid wasteful spending and reckless decision-making on issues of war and peace. Profits should not drive policy."
"In particular," it adds, "the role of Silicon Valley startups and the venture capital firms that support them needs to be better understood and debated as the U.S. crafts a new foreign policy strategy that avoids unnecessary wars and prioritizes cooperation over confrontation."
This Memorial Day, let us honor the memory of the dead by pledging to protect our precious planet, its people, and its environment.
This Memorial Day weekend, Veterans For Peace is calling on its members and friends to reflect on the gravity of the day, whose official purpose is to “honor all those who died in service to the U.S. during peacetime and war.” Veterans For Peace chooses to honor ALL who have died in wars, both combatants and civilians. Our hope is that a sober accounting of the casualties of war will mitigate against the tendency to turn Memorial Day—like Veterans Day—into a patriotic celebration of U.S. militarism.
We remember the words of President Dwight Eisenhower, who during World War II, was the supreme commander of the Allied Expeditionary Forces in Europe:
“War is a grim, cruel business, a business justified only as a means of sustaining the forces of good against those of evil.” He also famously stated, “I hate war as only a soldier who has lived it can, only as one who has seen its brutality, its futility, its stupidity.”
Medal of Honor winner Marine Corps General Smedley Butler took it a bit further:
War is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the loss of lives.
Veterans For Peace is deeply familiar with the pain that emanates from the loss of those lives. We have lost too many friends in wars in foreign lands, and in their aftermath at home due to suicide and service-related diseases. We have spent countless hours with Gold Star families mourning the loss of their loved ones. We also recognize that the “enemy” killed by our bullets and bombs had family and friends who loved them too. Their pain is no different than ours.
Brown University’s Costs of War Project estimates that over 7,000 U.S. service members have died in the wars following 9/11. Perhaps even more disturbing is the fact that more than 8,000 U.S. “contractors” have lost their lives in these conflicts. These hidden deaths reflect the U.S. government’s deception regarding these wars and its disregard for those who perish in them.
The more than 15,000 deaths mentioned above do not account for over 6,000 veterans who died by suicide each year between 2001 and 2022, totaling more than 145,000 people, as documented by the nonprofit Stop Soldier Suicide. Veterans face a 58% higher risk of suicide than non-veterans. While military contractors experience many of the same mental health challenges as veterans, reliable suicide and mental health statistics are not available.
We must help to build a peaceful world based on mutual respect for the human rights of all, as well as for the rights of nature.
Civilian casualties are much greater. We must acknowledge that in modern warfare, it is civilians who make up the bulk of the dead and wounded. The number of civilians killed by the violence in the post-9/11 wars is staggering. Brown University estimates the low end of opposition deaths at 288,923 and civilian deaths at 408,749. The total number of direct violence-related deaths is estimated to be 905,000 people. And even more people die after the wars ends.
A May 2023 Brown University study estimated that there are 3.6 to 3.8 million indirect deaths, with a total death toll of 4.5 to 4.7 million people in post-9/11 war zones. As we mark 50 years since the end of the U.S. war in Vietnam, we will not forget that 3 million Vietnamese died in that unjust and unnecessary war, most of them civilians.
Endless war and suffering persists today, with tens of thousands dying in conflicts that are fueled by U.S.-supplied arms and “intelligence.” The U.S. was an instigator of the terrible war in Ukraine, where hundreds of thousands of young soldiers have perished. The U.S. continues to provide bombs and political cover for the unspeakable genocide in Gaza, where estimates of civilian death range from 50,000 to over 100,000, with an even greater number of life-altering wounds. A generation of young Palestinian amputees and double and triple amputees will be a sober reminder to the world for years to come.
Another victim of war is the U.S. economy, which is greatly distorted by the ever-ballooning military budget, now proposed to reach One Trillion Dollars ($1,000,000,000,000) a year, even as essential social programs vital to poor and working class families are being gutted.
The “modernization” of nuclear weapons is included in the budgets of both the Department of Defense and the Department of Energy, totaling an estimated $946 billion over the next decade, and harkening a no-holds-barred era that could too easily lead to a nuclear war. Eighty years after the U.S. dropped nuclear bombs on the civilian populations of Hiroshima and Nagasaki, it is high time to put an to end to war before it puts an end to human civilization. War must be universally deemed obsolete, illegal, and unacceptable.
Wars will not end, however—and nuclear war will not be averted—unless there is a sea change in the thinking of the U.S. people and our political leaders. We must abandon the military doctrine of seeking “full spectrum dominance” in every corner of the globe. We must embrace the emerging multipolar world and take our place as one nation among many. We must help to build a peaceful world based on mutual respect for the human rights of all, as well as for the rights of nature. As the Vietnam-era poster reads, “War is not good for children or other living things.”
This Memorial Day, let us honor the memory of the dead by pledging to protect our precious planet, its people and its environment. Rather than exalting war, we must come together to abolish war once and for all.
"They handcuffed a young boy and shot him," said one Special Air Service veteran.
Dozens of former United Kingdom Special Forces troops or those who served with them have broken their silence to describe alleged war crimes they witnessed—including the execution of children—during the U.S.-led wars on Afghanistan and Iraq.
BBC's "Panorama"—which has repeatedly aired episodes focused on war crimes committed by British soldiers during the so-called War on Terror—on Monday featured testimonies from 30 former U.K. Special Forces (UKSF) members, including Special Air Service (SAS), Special Boat Service (SBS), and supporting troops who served in Afghanistan and Iraq.
"They handcuffed a young boy and shot him," recalled one SAS veteran who fought in Afghanistan. "He was clearly a child, not even close to fighting age."
"It's not justified, killing people in their sleep."
Another veteran who served with the SAS said that killing was "intoxicating" for some soldiers and became "an addictive thing to do," adding that there were "lots of psychotic murderers" among the ranks.
"On some operations, the troop would go into guesthouse-type buildings and kill everyone there," he said. "They'd go in and shoot everyone sleeping there, on entry. It's not justified, killing people in their sleep."
One SBS veteran described executions of wounded people who posed no threat, including one man who was being treated by a medic when "one of our blokes came up to him."
"There was a bang. He'd been shot in the head at point-blank range," the veteran recalled, describing the killing and other like it as "completely unnecessary."
"These are not mercy killings," he said. "It's murder."
Another veteran recounted a fellow SAS commando who kept track of the dozens of Afghans he'd killed during his six-month deployment.
"It seemed like he was trying to get a kill on every operation, every night someone got killed," the former soldier said, adding that his colleague was "notorious in the squadron; he genuinely seemed like a psychopath."
The soldier allegedly slit the throat of an injured Afghan man after telling an officer not to shoot him again, "because he wanted to go and finish the wounded guy off with his knife."
Another veteran said "everyone knew" what was happening and that to avoid scrutiny for executions, British troops would plant "drop weapons" on victims' bodies to make it appear as if they were militants. U.S. troops—who widely engaged in this war crime—called it "dead-checking."
One veteran said that "there was implicit approval for what was happening" from commanders.
"We understood how to write up serious incident reviews so they wouldn't trigger a referral to the military police," he explained. "If it looked like a shooting could represent a breach of the rules of conflict, you'd get a phone call from the legal adviser or one of the staff officers in HQ. They'd pick you up on it and help you to clarify the language. 'Do you remember someone making a sudden move?' 'Oh yeah, I do now.' That sort of thing. It was built into the way we operated."
"Panorama" also confirmed for the first time that former Conservative U.K. Prime Minister David Cameron, who was in office from 2010-16, was repeatedly warned that British troops were committing war crimes.
Gen. Douglas Lute, a former U.S. ambassador to NATO, told "Panorama" that then-Afghan President Hamid Karzai—who repeatedly condemned American war crimes in his country—was "so consistent with his complaints about night raids, civilian casualties, and detentions that there was no senior Western diplomat or military leader who would have missed the fact that this was a major irritant for him."
In 2020, the International Criminal Court determined that British troops committed war crimes in Iraq but declined to prosecute any alleged perpetrators.
Documented war crimes committed by U.S. troops, mercenaries, and other private contractors in nations including Afghanistan, Iraq, Pakistan, Yemen, Somalia, Libya, and Syria during the ongoing War on Terror include but are not limited to murder of civilians and detainees, extraordinary rendition, torture, rape, and jailing and sexual abuse of women and girls held as bargaining chips.
Whistleblowers who exposed these and other illegalities—including WikiLeaks founder Julian Assange, former NSA operative Edward Snowden, former Army analyst Chelsea Manning, former CIA intelligence officer John Kiriakou, and others—were almost always the only ones ever punished in connection with the crimes they exposed.
Other coalition troops—including Afghans, Iraqis, Australians, Germans, Poles, and Canadians—have allegedly committed atrocities during the War on Terror, as have Taliban, al-Qaeda, Islamic State, and other militants.
According to the Costs of War Project at Brown University's Watson Institute for International and Public Affairs, "at least 940,000 people have died due to direct war violence, including civilians, armed forces on all sides, contractors, journalists, and humanitarian workers" in U.S.-led wars since 9/11. This figure includes at least 408,000 civilians.