SIPRI Top 100 arms producers see combined revenues surge as states rush to modernize and expand arsenals

SIPRI Top 100 arms producers see combined revenues surge as states rush to modernize and expand arsenals

(Stockholm, 1 December 2025) Revenues from sales of arms and military services by the 100 largest arms-producing companies rose by 5.9 per cent in 2024, reaching a record $679 billion, according to new data released today by the Stockholm…

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