Page 9 - Arms Production Program News Today

The US and China spent the most on their military in 2021, accounting for 52% of the total global defense expenditure, according to a new SIPRI report. Russia also saw a spending jump ahead of its invasion of Ukraine.

ANKARA - Global military expenditure reached an all-time high of over USD2 trillion in 2021, according to an international survey released Monday. Total military spending rose 0.7 percent from the previous year and reached USD2.113 trillion, the Stockholm International Peace Research Institute (SIPRI) said. It said the global military burden, or world military expenditure as a share of world gross domestic product (GDP), fell by 0.1 percentage point from 2.3 percent in 2020 to 2.2 percent in 202...

U.S., China account for over half of global military expenditures

Worldwide military spending hit an all-time high of nearly $2 trillion in 2021. Worldwide military spending hit an all-time high of nearly $2 trillion in 2021, one international study revealed.

The diversification of product lines in the Russian weapons industry has had an impact on arms sales.

According to a study recently published by SIPRI, the global arms trade increased its sales despite the COVID-19 pandemic. How does this affect Latin American countries?

The pandemic doesn?t seem to have affected the global demand for weapons, according to a new report, which reveals the defense industry?s top 100 companies

Copenhagen, Dec 6 (EFE).- Sales of the world’s 100 largest arms companies increased by 1.3 percent in real terms in 2020 compared to the previous year despite the coronavirus pandemic, according to a report released by the Stockholm International Peace Research Institute (SIPRI) on Monday. Total sales amounted to $531 billion in 2020, the six …

The pandemic doesn?t seem to have affected the global demand for weapons, according to a new report, which reveals the defense industry?s top 100 companies

The pandemic doesn?t seem to have affected the global demand for weapons, according to a new report, which reveals the defense industry?s top 100 companies