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In 1961, President Dwight D. Eisenhower stood before the American people and issued a warning.

He told the nation to "guard against the acquisition of unwarranted influence" by what he called the military industrial complex.

Few listened.

Today, the United States spends almost 1 trillion dollars a year on its military. That is more than the next ten countries combined. Behind that number sits a tight web of corporations, lobbyists, and politicians who profit from every missile, jet, and warship built.

Lockheed Martin. Raytheon. Boeing. Northrop Grumman. General Dynamics.
These five companies have become the backbone of an economy that runs on conflict.

This video explores how the American defense machine transformed from a wartime necessity into a permanent business model. It traces how the Second World War gave rise to defense contracting, how the Cold War cemented it, and how the collapse of the Soviet Union allowed these firms to consolidate power while ensuring the flow of taxpayer money never stopped.
We look at how cost-plus contracts reward companies for overspending, how 1,700 former officials now work in the defense sector, and how over 80 percent of Congress consistently votes to increase the Pentagon budget.

The revolving door between the Pentagon and defense contractors ensures that every general, every procurement officer, and every lobbyist has a personal stake in keeping the system alive. The people who start the wars are the same people who later cash in on rebuilding what those wars destroy.
From the F-35 fighter jet that cost 1.7 trillion dollars, to aircraft carriers and missile systems that triple in price before completion, the defense industry has perfected a business model where failure pays better than success.

00:00 - Intro
02:32 - The Beginnings
06:16 - The Industry
11:23 - How to Keep the Bag