Worlds top arms producers see revenues rise on the back of wars and regional tensions
· 8 min read
World's top arms producers see revenues rise on the back of wars and regional tensions
Revenues from sales of arms and military services by the 100 largest companies in the industry reached $632 billion in 2023, a real-terms increase of 4.2 percent compared with 2022, according to new data released by the Stockholm International Peace Research Institute (SIPRI), available at www.sipri.org.
