According to SIPRI (Stockholm International Peace Research Institute), total world spending on military expenses in 2009 was $1.531 trillion US dollars. 46.5% of this total, roughly $712 billion US dollars, was spent by the United States.
The privatization of the production and invention of military technology also leads to a complicated relationship with significant research and development of many technologies.
The Term "military-industrial complex
" was made famous by President Dwight D. Eisenhower in his 1961 farewell address. Eisenhower warned: "In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the