Quite possibly.
The advantage is that the money (much more of it) stays in our economy as opposed to bleeding out to the others.
There are inefficiencies in all state apparatus so we pay for their inefficiencies as well as our own regardless.
The sheer magnitude of the numbers are scary for us but R&D is the lifeblood of any business/country and we as a nation seem to just want to dig holes and ship the true value overseas.
I don’t believe we can do everything inside our borders but surely we could do a hell of a lot more than we currently do.
——-
A few questions for anyone but not just related to military spending
Do we manufacture our own bullets/ordinance?
Tanks/ground vehicles?
Bridges?
Solar panels?
Wind turbines?
Ring roads?
Steel production?
Aluminium/ Copper production?
Rare Earths/Lithium production?
There are a multitude of others that others can add to that but surely as a nation we should expect our government and future governments to try and work smarter rather than harder.
Short attention spans of major parties and our citizens is a poor excuse for not trying to lift the capacity of our nation.
The cry of it’s too hard, costs to much money is a sign of short term thinking.
As we know if it was easy, everyone would be doing it.
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