Global Arms Sales Rise Despite US Manufacturers' Revenue Dip
The global arms trade increased by 4.2 percent in 2023, reaching $632 billion, but the two largest US manufacturers, Lockheed Martin and RTX, saw a decrease in revenue, while Russia's Rostec saw a massive 49 percent increase.
Global Arms Sales Rise Despite US Manufacturers' Revenue Dip
The global arms trade increased by 4.2 percent in 2023, reaching $632 billion, but the two largest US manufacturers, Lockheed Martin and RTX, saw a decrease in revenue, while Russia's Rostec saw a massive 49 percent increase.
Progress
36% Bias Score
Global Arms Sales Surge to $632 Billion Amidst Ukraine and Gaza Conflicts
The global arms trade reached $632 billion in 2023, a 4.2% increase driven by the Ukraine war and Gaza conflict; European and US companies overcame supply chain issues to meet demand, while Russia's sales surged 40% due to increased domestic production, and Israeli arms sales hit record highs.
Global Arms Sales Surge to $632 Billion Amidst Ukraine and Gaza Conflicts
The global arms trade reached $632 billion in 2023, a 4.2% increase driven by the Ukraine war and Gaza conflict; European and US companies overcame supply chain issues to meet demand, while Russia's sales surged 40% due to increased domestic production, and Israeli arms sales hit record highs.
Progress
40% Bias Score
Rotterdam Defense Exhibition Sparks Protests over Israeli Arms
Protests erupt in Rotterdam against a defense exhibition featuring Israeli arms manufacturers, highlighting ethical concerns and geopolitical tensions.
Rotterdam Defense Exhibition Sparks Protests over Israeli Arms
Protests erupt in Rotterdam against a defense exhibition featuring Israeli arms manufacturers, highlighting ethical concerns and geopolitical tensions.
Progress
36% Bias Score
North Korea's War Involvement Prompts South Korea's Response
North Korea's alleged support for Russia in the Ukraine war prompts South Korea to consider supplying weapons to Ukraine.
North Korea's War Involvement Prompts South Korea's Response
North Korea's alleged support for Russia in the Ukraine war prompts South Korea to consider supplying weapons to Ukraine.
Progress
0% Bias Score
Germany Classifies Arms Investments as Sustainable
The German government reclassified arms industry investments as sustainable, allowing ESG funds to invest and strengthening the sector, despite ethical concerns and potential for misuse of ESG funds.
Germany Classifies Arms Investments as Sustainable
The German government reclassified arms industry investments as sustainable, allowing ESG funds to invest and strengthening the sector, despite ethical concerns and potential for misuse of ESG funds.
Progress
56% Bias Score
Global Arms Sales Rise 4.2% in 2023 Despite US Slowdown
The global arms trade grew by 4.2% in 2023 to $632 billion, led by smaller companies and a significant surge in Russian sales (Rostec +49%), contrasting with slight declines for leading US manufacturers (Lockheed Martin and RTX) and stagnation in Europe (excluding UK).
Global Arms Sales Rise 4.2% in 2023 Despite US Slowdown
The global arms trade grew by 4.2% in 2023 to $632 billion, led by smaller companies and a significant surge in Russian sales (Rostec +49%), contrasting with slight declines for leading US manufacturers (Lockheed Martin and RTX) and stagnation in Europe (excluding UK).
Progress
44% Bias Score
Spain Blocks Arms Shipments to Israel
Spain denies port access to two US ships suspected of carrying weapons to Israel, escalating tensions and raising concerns about international law.
Spain Blocks Arms Shipments to Israel
Spain denies port access to two US ships suspected of carrying weapons to Israel, escalating tensions and raising concerns about international law.
Progress
0% Bias Score