Global military spending has been increasing steadily over the past five years, reaching a massive $1.2 trillion (£0.6 trillion) for 2006, a figure likely to be an underestimate... The USA government is responsible for the lion’s share of this global spend and its funding of military research and development (R&D) is expected to reach an astounding $78 billion (£39 billion) in 2007, a 57% increase since 2001.
a report on military involvement in UK Universities
