What Happened
Economic Development Leaders Face Hard Choices
The defense tech boom is presenting opportunities and challenges for economic development leaders, with global military spending rising to $2.9 trillion in 2025. As regions like Pittsburgh and Louisiana court defense contracts, entrepreneurs and tech communities are grappling with the ethics of engaging with military technology. This trend is driven by the growing demand for defense-related innovation and investment, with the US government spending significantly on science and tech-led regional development. The issue was first reported by Technical.ly.