9 Nations That Spend Most On Defence

Russia:

With 69,117,271 number of military manpower, Russia is one of the strong military forces in the world and this has raised the military budget considerably.

The annual spending of Russian over its defense forces is estimated to $87.8 billion. This northern Eurasian nation has the largest accumulation of nuclear weapons in the world.

It has the second largest fleet of ballistic missile submarines and is the only country apart from the United States with a modern strategic bomber force.

Saudi Arabia:

Empowered by United States military aid, Saudi Arabia is now one among the largest defense spender. The military spending with $67 billion has more than doubled in 10 years.

In the wake of security threats, regional rivalry and the protection of its critical security infrastructure, the country's defense industry is projected to grow considerably even more.

In this country, spending on defense and security has increased significantly since the mid-'90s. Saudi Arabia's modern high-technology arsenal makes it among the world's most densely armed nations, with its military equipment being supplied primarily by the U.S., France and Britain.

Also Read:
New Airports in Smaller Cities, Towns: Finance Minister
'U.S. Flexible To Adapt Itself to Meet India's Defense Needs'