As Russia's Vladimir Putin and North Korean leader Kim Jong-un met this week to discuss what analysts believe will be a deal for an exchange of weapons, the West's leading companies were descending on Europe's biggest arms show in London. Since the last iteration of the biennial Defense and Security…
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As Russia's Vladimir Putin and North Korean leader Kim Jong-un met this week to discuss what analysts believe will be a deal for an exchange of weapons, the West's leading companies were descending on Europe's biggest arms show in London. Since the last iteration of the biennial Defence and Security Equipment International (DSEI) in September 2021, Russia's invasion of Ukraine and dramatically increased tensions over Taiwan and North Korea have given a shot of adrenaline to arms manufacturers worldwide. According to the Stockholm International Peace Research Institute, European defence spending rose 13 percent in 2022 alone, bringing total global spending to an all-time high of $2,240 billion.