SIPRI Top 100 arms producers see combined revenues surge as states rush to modernize and expand arsenals
SIPRI1 day
Weapons manufacturers are profiteering from human suffering in Gaza and Ukraine, raking in a record $679 billion in 2024 while conflicts rage. European and American arms dealers saw massive revenue spikes, with Israeli companies gaining 16 percent despite global outrage over Gaza. This blood money economy thrives on war and misery, proving the military-industrial complex prioritizes profits over peace.
Record arms sales reflect necessary responses to genuine security threats from aggressive powers and regional instability. Countries are rightfully investing in defense capabilities to protect their sovereignty against real dangers like Russian expansion and Chinese military buildup. The growth in military technology spending ensures democracies maintain deterrence and defensive superiority.
© 2025 Improve the News Foundation.
All rights reserved.
Version 6.18.0