The arms industry, also known as the defense (or defence) industry, military industry, or the arms trade, is a global industry which manufactures and sells weapons and other military technology to a variety of customers, including the armed forces …

Dec 2, 2024 · Revenues from sales of arms and military services by the 100 largest companies in the industry reached $632 billion in 2023, a real-terms increase of 4.2 per cent compared with 2022.

Jul 4, 2024 · A look at the 15 countries with the highest military spending shows that the United States spent over 915 billion U.S. dollars, three times more than that of China in second place.

Jul 24, 2024 · Given the size of the market, the United States continues to receive interest from foreign investors in developing armaments. The final declaration from the recent NATO Summit in Washington called...

Dec 2, 2024 · STOCKHOLM, Sweden (AP) — Major companies in the arms industry saw a 4.2% increase in overall revenue in 2023 with sharp rises for producers based in Russia and the Middle East, a new report said Monday.

The combined arms revenues of the world’s largest arms-producing and military services companies (the SIPRI Top 100) increased by 4.2 per cent in 2023 to reach $632 billion. The total arms revenues of the Top 100 grew by 19 per cent between 2015 and 2023.

Jan 5, 2025 · Revenues from sales of arms and military services by the 100 largest companies in the industry reached $632 billion in 2023, a real-terms increase of 4.2 percent compared with 2022, according to new data released by the Stockholm International Peace Research Institute (SIPRI), available at www.sipri.org.

Dec 6, 2021 · Sales of weapons and military services by the world’s 100 biggest arms companies reached a record $531bn in 2020, an increase of 1.3 per cent in real terms compared with the previous year,...

Within the defence economy there is the arms trade cycle or military economic cycle. This is the economic path followed by the arms industry, from a government’s decision to allocate budgets for arms spending to their ultimate use.

SIPRI is an independent international institute dedicated to research into conflict, armaments, arms control and disarmament. Established in 1966, SIPRI provides data, analysis and recommendations, based on open sources.