Economy & Business, International, Politics

Just How Much Land Does the Military Own?

The U.S. military is something of a real estate tycoon.

Over the years, the Defense Department has amassed nearly 30 million acres of land worldwide spanning 45 countries and eight U.S. territories, according to data from the 2018 budget…

According to the data, the DoD’s portfolio is worth a stunning $749 billion. The Army has control of the most land with 51%, and the Air Force follows with 32%.

The state with the most DoD-owned land by percentage is Hawaii, which boasts 5.6%. However, by space, the honor goes to New Mexico with a whopping 3.8 million acres.

In total, the 2018 data shows that of the 26.9 million acres the DoD owns, 98% of it is in the U.S. Abroad, the U.S. owns large swaths of land in Germany, Japan and South Korea. Read more…

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