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Sales by the world's top 100 arms makers reached a record $679 billion last year, as the wars in Ukraine and Gaza boosted demand, researchers said Monday, but production issues hampered deliveries.
Groups have set up arrangements where people in crisis can get firearms out of their homes. BAE Systems won a new 10-year contract worth $8.8 billion to manage the U.S. Army’s main ammunition plant in ...
Last year, global arms revenues reached the highest level ever recorded by SIPRI as producers "capitalized on high demand," ...
Ukrainian company JSC Ukrainian Defense Industry increased its arms revenues by 41 percent, to $3 billion, while Israeli ...
Revenues surged across the United States, Europe, and Israel as wars in Gaza and Ukraine and rising geopolitical tensions fueled unprecedented demand for weapons.
For the first time since 2018, all five of the largest arms companies increased their arms revenues. Revenues from sales of arms and military services by the 100 largest weapons-producing companies ...
Global instability is proving extraordinarily profitable for the world’s arms industry. A new SIPRI report reveals that the world’s top 100 defence companies made more money in 2024 than in any year ...
The global defence industry experienced its most profitable year on record in 2024, with the world’s 100 largest weapons manufacturers collectively taking in $679 billion from military-related sales.