Top 5 States Where the US Military Spends the Most Money

In this article, we look at the top five states where the US military spends the most money. You can read about the surge in defense expenditure across the world, including in the United States, and its impact on the defense industry by heading over to the Top 20 States Where the US Military Spends the Most Money, where we have also shed light on the US Air Force’s ongoing program to develop a sixth-generation fighter jet.

5. New York

Total Defense Spending in State: $28.1 billion

Share of Overall DoD Spending: 5.03%

We begin our list with New York. The state is home to 17 military installations, according to a report released by the Department of Defense (DoD) in September last year. More than $28 billion was spent in New York in 2022, of which $24.5 billion was spent on DoD contracts, while $2.9 billion went into payrolls. On the other hand, $711 million were incurred on grants. New York’s defense spending per resident is $1,430.