title: Contemporary security challenges and their impact on the increase of the military spending and the budget for the development and procurement of weapons and military equipment
abstract: The topic of this paper is contemporary security challenges and their impact on the increase of the military spending and the budget for the development and procurement of weapons and military equipment. It has been explained how the current events on the geopolitical scene, i.e. the accelerated dynamics of the confrontation of the main centres of power, which has moved from the phase of "competition" to the phase of "crisis" and "proxy wars" and is rapidly approaching the "kinetic phase", i.e. 
journal: Vojno delo