Special Report

This Is America's Most Expensive Weapon

usnavy / Flickr

The U.S. military is by far the best-funded fighting force in the world. The federal government spent $754.8 billion on the military in 2021, or around 11% of the total budget. While much of this funding goes to compensating active-duty personnel, $250 billion went to fund the development and procurement of weapons systems.

The U.S. military spends billions each year on new planes, submarines, missile systems, and more. To put this into context, the American military has planes, ships, and submarines that each costs more to develop and build than the entire military budget of almost every other nation. (This is what it costs to make the world’s largest warship.)

To determine America’s most expensive weapons, 24/7 Wall St. reviewed the U.S. Department of Defense Fiscal Year 2023 Budget Request. Only items that were procured in fiscal year 2021 were considered and were ranked by their cost per unit — the total amount spent per single vehicle, weapon, or system procured.

Nearly all of the items on this list are vehicles – planes, nuclear submarines, aircraft carriers, armored vehicles, and more. Many of these vehicles are designed to have both transportational and combat capabilities, all while being armored to protect the troops inside. 

Some of the most expensive items in the military’s budget are not on this list simply because they are still in development and do not yet have a final price tag. For instance, the military spent over $2.7 billion in 2021 developing the B-21 Raider, a long-range strike bomber plane. The Department of Defense has requested over $5 billion to continue the development and procurement of the planes, but they are not expected to be delivered to bases until “the mid-2020’s” per the budget request.

In the military’s budget request, the costs of any single entry is broken down into two categories: 1. research, development, test, and evaluation; 2. procurement. Scientists are tasked with creating new methods of warfare to give American troops an advantage in any situation. Some of these innovations have uses beyond the battlefield and have since become parts of everyday household items. These are the popular commercial products you never knew were invented by the military.

Click here to see America’s most expensive weapon

Stocktrek Images / Stocktrek Images via Getty Images

21. F-22 Raptor
> Cost per unit: $125.1 million
> Total spent in FY 2021: $1.0 billion
> Quantity procured: 8
> Requested funds for FY 2023: $1.3 billion

[in-text-ad]

Public Domain / Wikimedia Commons

20. AMPV Armored Multi-Purpose Vehicle
> Cost per unit: $132.1 million
> Total spent in FY 2021: $132.1 million
> Quantity procured: 1
> Requested funds for FY 2023: $380.7 million

Robert Sullivan / Public Domain / Flickr

19. F-35 Joint Strike Fighter
> Cost per unit: $132.8 million
> Total spent in FY 2021: $12.7 billion
> Quantity procured: 96
> Requested funds for FY 2023: $11.0 billion

Public Domain / Wikimedia Commons

18. VH-92A Presidential Helicopter
> Cost per unit: $139.5 million
> Total spent in FY 2021: $697.5 million
> Quantity procured: 5
> Requested funds for FY 2023: $100.9 million

[in-text-ad-2]

usairforce / Flickr

17. C-130J Hercules
> Cost per unit: $140.0 million
> Total spent in FY 2021: $2.2 billion
> Quantity procured: 16
> Requested funds for FY 2023: $1.1 billion

Win McNamee / Getty Images

16. V-22 Osprey
> Cost per unit: $142.7 million
> Total spent in FY 2021: $2.1 billion
> Quantity procured: 15
> Requested funds for FY 2023: $615.1 million

[in-text-ad]

InkkStudios / E+ via Getty Images

15. F-15 Eagle
> Cost per unit: $167.0 million
> Total spent in FY 2021: $2.0 billion
> Quantity procured: 12
> Requested funds for FY 2023: $3.5 billion

14. KC-46A Tanker
> Cost per unit: $172.9 million
> Total spent in FY 2021: $2.8 billion
> Quantity procured: 16
> Requested funds for FY 2023: $2.9 billion

my_public_domain_photos / Flickr

13. CH-53K Heavy Lift Replacement Helicopter
> Cost per unit: $197.3 million
> Total spent in FY 2021: $1.8 billion
> Quantity procured: 9
> Requested funds for FY 2023: $2.3 billion

[in-text-ad-2]

12. P-8A Poseidon
> Cost per unit: $197.4 million
> Total spent in FY 2021: $1.8 billion
> Quantity procured: 9
> Requested funds for FY 2023: $241.2 million

11. E-2D Advanced Hawkeye
> Cost per unit: $235.6 million
> Total spent in FY 2021: $1.2 billion
> Quantity procured: 5
> Requested funds for FY 2023: $1.3 billion

[in-text-ad]

10. LHA America Class Amphibious Assault Ship
> Cost per unit: $521.8 million
> Total spent in FY 2021: $521.8 million
> Quantity procured: 1
> Requested funds for FY 2023: $1.1 billion

Public Domain / Wikimedia Commons

9. NSSL & RSLP Launch Enterprise
> Cost per unit: $536.5 million
> Total spent in FY 2021: $1.6 billion
> Quantity procured: 3
> Requested funds for FY 2023: $1.6 billion

my_public_domain_photos / Flickr

8. MQ-4C / RQ-4 Triton/Global Hawk/NATO AGS
> Cost per unit: $605.9 million
> Total spent in FY 2021: $605.9 million
> Quantity procured: 1
> Requested funds for FY 2023: $1.0 billion

[in-text-ad-2]

Public Domain / Wikimedia Commons

7. GPS III & Projects Global Positioning System Enterprise
> Cost per unit: $875.5 million
> Total spent in FY 2021: $1.8 billion
> Quantity procured: 2
> Requested funds for FY 2023: $1.8 billion

Public Domain / Wikimedia Commons

6. FFG(X) Constellation Class Guided Missile Frigate
> Cost per unit: $1.1 billion
> Total spent in FY 2021: $1.1 billion
> Quantity procured: 1
> Requested funds for FY 2023: $1.3 billion

[in-text-ad]

5. LPD San Antonio Class Amphibious Transport
> Cost per unit: $1.2 billion
> Total spent in FY 2021: $1.2 billion
> Quantity procured: 1
> Requested funds for FY 2023: $1.8 billion

viper-zero / iStock Editorial via Getty Images

4. DDG 51 Arleigh Burke Class Destroyer
> Cost per unit: $1.9 billion
> Total spent in FY 2021: $3.8 billion
> Quantity procured: 2
> Requested funds for FY 2023: $5.6 billion

3. CVN 78 Gerald R. Ford Class Nuclear Aircraft Carrier
> Cost per unit: $2.8 billion
> Total spent in FY 2021: $2.8 billion
> Quantity procured: 1
> Requested funds for FY 2023: $3.2 billion

[in-text-ad-2]

national_museum_of_the_us_navy / Flickr

2. SSN 774 Virginia Class Submarine
> Cost per unit: $3.6 billion
> Total spent in FY 2021: $7.2 billion
> Quantity procured: 2
> Requested funds for FY 2023: $7.3 billion

Public Domain / Wikimedia Commons

1. SSBN 826 Columbia Class Ballistic Missile Submarine
> Cost per unit: $4.5 billion
> Total spent in FY 2021: $4.5 billion
> Quantity procured: 1
> Requested funds for FY 2023: $6.3 billion

Is Your Money Earning the Best Possible Rate? (Sponsor)

Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.

However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.

There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.