Is having a large military good for capitalism?

This one is more of a thought provoking question rather than an opinion.

On one hand I do tend to think that it is PRO-capitalistic to have a large military that is capable of defending the nation and its business interests. I would even argue that US got powerful thanks in large part to the military. Large military usually implies stable government, and stable government is a pre-requisite to businesses and investors moving into the region. Same reason why businesses move out of ghettos and poor countries.. b/c if their safety is threatened, there really isn't a profit motive that's motivating enough to risk your life and investment.

On the flip side, I also think it's actually anti-capitalistic b/c it's a HUGE financial liability that the society has to pay in order to have security. And of course, putting security ahead of freedom almost always leads to mental "poverty", which can lead to financial poverty. The fact that US military spending represents 25-30% of US budget is ridiculous. Can you imagine spending one forth of your income on home security systems?

Any thoughts?