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Maroc Maroc - WN.COM - Asia - 01/12/2025 16:38

Global Arms Sales Soar to Record Highs

Global arms sales have surged to unprecedented levels, with the world’s 100 largest weapons and military services companies generating $679 billion in 2024, the Stockholm International Peace Research Institute (SIPRI) reported on Monday. The record-breaking figure comes amid conflicts in Gaza and Ukraine, simmering tensions across East Asia, and historically high defense budgets worldwide. The growth highlights the increasing influence of private arms manufacturers on modern warfare and the scale at which geopolitical crises are fueling demand for advanced military equipment. Why It Matters The report illustrates the role of corporate defense suppliers in shaping outcomes on the battlefield....

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