How the U.S. spends trillions being the world’s ‘top cop’

President Joe Biden signed a $95 billion military aid package in April 2024, including funds for Ukraine and Israel. Military spending often bolsters the U.S. defense industry. The five largest U.S. defense companies, Lockheed Martin, RTX, General Dynamics, Boeing and Northrop Grumman, had Department of Defense contracts totaling more than $118 billion in fiscal year 2022. Watch this video to learn more about where the U.S. sends military aid and personnel and the global impact of defense spending.