ICAN New Report Exposes Concerning Statistics on Nuclear Weapons Spending

A new report, “Surge: 2023 Global Nuclear Weapons Spending”, has been released by ICAN detailing the world’s total expenditure on nuclear weapons. However in this context, “the world” just refers to the nine states which possess and illegally develop nuclear arms.

The findings are shocking, revealing that these nine governments spent $91 billion dollars on revamping their nuclear arsenal in 2023, marking a $10.8 billion increase from the year prior. Unsurprisingly, at the top of the list of spenders is the United States, which financed the creation and maintenance of these weapons of mass destruction with $51.5 billion. Not only did the U.S. outspend all other nuclear states alone, however its spending this year also constituted 80% of the increase of expenditure on nukes.

Manufacturers remain to be a major driver of nuclear arms development. ICAN’s report shows that in just 2023, these companies earned at least $31 billion from their work in the industry. Understanding that they have more to gain, manufacturers have concomitantly spent $118 million lobbying in just France and the U.S. to continue operations. Further influence on political decision making is exerted by meeting with public officials, which companies such as Roll Royce, Airbus, and BAE systems have done with UK politicians over 40 times. Other companies, such as Lockheed Martin, Northrop Grumman, and RTX, are active in lobbying for their interests as well, despite deep concerns being raised at stakeholder meetings over violations of human rights and the Treaty on the Prohibition of Nuclear Weapons.

The report demonstrates how fragile peace is in the 21st century, as the only explanation for this drastic spending on nuclear weapons is that they will eventually be used. Undoubtedly, the continued production of these arms is a conscious decision made by politicians and CEOs which will jeopardize humanity’s future.

Attached here is ICAN’s report in full.