Global Arms Sales Surge to $632 Billion in 2023
The top 100 global arms companies generated $632 billion in revenue in 2023, a 4.2% increase, primarily due to conflicts in Gaza and Ukraine, East Asia tensions, and global military modernization; US companies dominated, but faced supply chain issues; European growth was slower.
Global Arms Sales Surge to $632 Billion in 2023
The top 100 global arms companies generated $632 billion in revenue in 2023, a 4.2% increase, primarily due to conflicts in Gaza and Ukraine, East Asia tensions, and global military modernization; US companies dominated, but faced supply chain issues; European growth was slower.
Progress
40% Bias Score
Global Arms Sales Surge to $632 Billion in 2023
Global arms sales by the top 100 producers reached $632 billion in 2023, a 4.2% increase driven by the war in Ukraine and increased demand, with Russian companies showing the largest growth (40%) and European companies overcoming supply chain issues.
Global Arms Sales Surge to $632 Billion in 2023
Global arms sales by the top 100 producers reached $632 billion in 2023, a 4.2% increase driven by the war in Ukraine and increased demand, with Russian companies showing the largest growth (40%) and European companies overcoming supply chain issues.
Progress
36% Bias Score
Global Arms Sales Surge to $632 Billion in 2023
Global arms sales reached $632 billion in 2023, a 4.2% increase driven by the Ukraine war, East Asia tensions, and the Gaza conflict; Russian firms saw a 40% surge, while German firms rose by 7.5%, contrasting with overall slow European growth at 0.2%.
Global Arms Sales Surge to $632 Billion in 2023
Global arms sales reached $632 billion in 2023, a 4.2% increase driven by the Ukraine war, East Asia tensions, and the Gaza conflict; Russian firms saw a 40% surge, while German firms rose by 7.5%, contrasting with overall slow European growth at 0.2%.
Progress
44% 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
Turkish Arms Sales Surge 24% in 2023
According to SIPRI, Turkish arms manufacturers Aselsan, Baykar, and TUSAŞ saw a combined revenue increase of 24% to $6 billion in 2023, driven by domestic demand and exports related to the war in Ukraine.
Turkish Arms Sales Surge 24% in 2023
According to SIPRI, Turkish arms manufacturers Aselsan, Baykar, and TUSAŞ saw a combined revenue increase of 24% to $6 billion in 2023, driven by domestic demand and exports related to the war in Ukraine.
Progress
40% Bias Score
Global Arms Sales Surge to $632 Billion Amidst Ukraine War and East Asia Tensions
Global arms sales reached $632 billion in 2023, a 4.2% increase fueled by the war in Ukraine and heightened East Asian tensions; Russian manufacturers saw a 40% surge, while European growth varied widely.
Global Arms Sales Surge to $632 Billion Amidst Ukraine War and East Asia Tensions
Global arms sales reached $632 billion in 2023, a 4.2% increase fueled by the war in Ukraine and heightened East Asian tensions; Russian manufacturers saw a 40% surge, while European growth varied widely.
Progress
36% Bias Score
Global Arms Sales Surge to $632 Billion Amidst Ukraine, Gaza, and East Asia Conflicts
The global arms industry's revenue increased by 4.2% to $632 billion in 2023, primarily due to the Ukraine and Gaza wars and rising East Asian tensions; Russian arms sales surged by 40%, while some European manufacturers also experienced significant growth, but others declined.
Global Arms Sales Surge to $632 Billion Amidst Ukraine, Gaza, and East Asia Conflicts
The global arms industry's revenue increased by 4.2% to $632 billion in 2023, primarily due to the Ukraine and Gaza wars and rising East Asian tensions; Russian arms sales surged by 40%, while some European manufacturers also experienced significant growth, but others declined.
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