#arms-industry

#arms-industry

This is according to a report by the Stockholm International Peace Research Institute (SIPRI) on the 100 most important arms manufacturers worldwide. Their revenues from the sale of weapons and military services amounted to $679 billion (582 billion) last year. This represents an inflation-adjusted increase of 5.9% compared to 2023. Even then, increasing geopolitical tensions and, above all, the war in Ukraine had led to increased demand for arms. In 2024, this trend accelerated even further.