Global Arms Industry Sees Record Profits Amid Ongoing Conflicts
TL;DR
The world's largest arms producers saw a record revenue increase last year, driven by US, European, and Russian companies, despite ongoing delays and challenges in supply chains and procurement, with notable growth in European and Russian markets and a slight decline in Asia and Oceania.
- World’s biggest arms producers increased revenue last year to record level, report says Politico
- Top global arms producers’ revenues surge as major wars rage: SIPRI report Al Jazeera
- SIPRI: War in Ukraine boosts arms manufacturers' profits DW
- Asia’s arms race shift: India climbs, China slides on PLA graft charges Times of India
- Global arms makers see record earnings as Gaza, Ukraine wars fuel demand — report The Times of Israel
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