As of 2017, the U.S. spends about US$610 billion annually to fund its military forces and Overseas Contingency Operations. Put together, the U.S. constitutes roughly 40 percent of the world's military expenditures. The U.S. Armed Forces has significant capabilities in both defense and power projection due to its large budget, resulting in advanced and powerful technologies which enables a widespread deployment of the force around the world, including around 800 military bases outside the United States. The U.S. Air Force is the world's largest air force, the U.S. Navy is the world's largest navy by tonnage, and the U.S. Navy and the U.S. Marine Corps combined are the world's second largest air arm. In terms of size, the U.S. Coast Guard is the world's 12th largest naval force. 
In the 2000s, women can serve on U.S. combat ships, including in command roles. They are permitted to serve on submarines. Women can fly military aircraft and make up 2% of all pilots in the U.S. Military. In 2003, Major Kim Campbell was awarded the Distinguished Flying Cross for landing her combat damaged A-10 Thunderbolt II with no hydraulic control and only one functional engine after being struck by hostile fire over Baghdad.
Under the Student Loan Repayment Program, when you enlist the Army will pay back up to $65,000 in qualified education loans (up to $20,000 for reservists), the Navy up to $65,000 and the Air Force up to $10,000. Each year 15% of the loan balance or $500, whichever is greater, will be repaid by SLRP. There may also be annual and cumulative caps on the amount repaid. Participants must score 50 or higher on the Armed Forces Qualifications Test (AFQT). SLRP must be requested at the time of enlistment or reenlistment. Qualified education loans include federal education loans such as the Perkins, Stafford, PLUS, or Consolidation loans, but not private alternative loans. Defaulted loans are not eligible. Payments made under the SLRP are considered taxable income.
Command over the U.S. Armed Forces is established in the Constitution. The sole power of command is vested in the President by Article II as Commander-in-Chief. The Constitution presumes the existence of "executive Departments" headed by "principal officers", whose appointment mechanism is provided for in the Appointments Clause. This allowance in the Constitution formed the basis for creation of the Department of Defense in 1947 by the National Security Act. The DoD is headed by the Secretary of Defense, who is a civilian and member of the Cabinet. The Defense Secretary is second in the U.S. Armed Forces chain of command, with the exception of the Coast Guard, which is under the Secretary of Homeland Security, and is just below the President and serves as the principal assistant to the President in all defense-related matters. Together, the President and the Secretary of Defense comprise the National Command Authority, which by law is the ultimate lawful source of military orders.
As in most militaries, members of the U.S. Armed Forces hold a rank, either that of officer, warrant officer or enlisted, to determine seniority and eligibility for promotion. Those who have served are known as veterans. Rank names may be different between services, but they are matched to each other by their corresponding paygrade. Officers who hold the same rank or paygrade are distinguished by their date of rank to determine seniority, while officers who serve in certain positions of office of importance set by law, outrank all other officers in active duty of the same rank and paygrade, regardless of their date of rank. In 2012, it was reported that only one in four persons in the United States of the proper age meet the moral, academic and physical standards for military service.
The ASVAB also known as the Armed Services Vocational Aptitude Battery is a test that measures your aptitude which is how well you do something. A common mistake by most people is thinking that it is a measure of you IQ. Many people either forget this or don’t know this and they get worked up about the exam. Saying that, it is also important to take a ASVAB sample test to insure you know what type of questions will be asked. Another thing to keep in mind is every person in the armed forces has to take the exam and you are not being called out to take it.
Your ASVAB scores determine what jobs you will qualify for in the military. But before you embarrass yourself in front of active duty service members, know that a job in the Army and the Marine Corps is called an MOS, which is an acronym for Military Occupational Specialty. In the Air Force, jobs are called AFSC – Air Force Specialty Code. In the Navy they are known as an NEC - Navy Enlisted Classification and the Coast Guard, jobs are called ratings, or rate for short.