Global Arms Sales
Global arms producers' revenue up 5.9% to record level in 2024: Report
The world's biggest weapons-producing companies saw a 5.9% increase in revenue from sales of arms and military services last year as demand was fed by the wars in Ukraine and Gaza as well as countries' rising military spending, according to a report released Monday. The Stockholm International Peace Research Institute, or SIPRI, said the revenues of the 100 largest arms makers grew to USD 679 billion in 2024, the highest figure it has recorded. The bulk of the increase was down to companies based in Europe and the United States, but there were increases around the world except in Asia and Oceania, where problems in the Chinese arms industry led to a slight fall. Thirty of the 39 US companies in the top 100 including Lockheed Martin, Northrop Grumman and General Dynamics posted increases. Their combined revenue was up 3.8% at USD 334 billion. But SIPRI noted that widespread delays and budget overruns continue to plague development and production in major US-led programmes, includi
 "Global arms producers' revenue up 5.9% to record level in 2024: Report")
Revving up arms sales: 4 strategies to accelerate India's defence exports
The sharp uptick in India's defence exports is due partly to our migration up the valuation ladder
 "Revving up arms sales: 4 strategies to accelerate India's defence exports")
Global arms sales: Change is underway
There are signs of a significant shift away from the world's major weapons-producing region, with impressive gains for China, and to an extent, India
US sold $40 billion in weapons in 2015, topping global market
Developing nations continued to be largest buyers in 2015, with Qatar signing deals for over $17 bn
 "US sold $40 billion in weapons in 2015, topping global market")
