Arms makers see record revenues as global tensions fuel demand

Sales by the world's top 100 arms makers reached a record $679 billion last year, as the wars in Ukraine and Gaza boosted demand, researchers said Monday, but production issues hampered deliveries.

The figure was 5.9 percent higher than the year before, and, over the 2015-2024 period, revenues for the top 100 arms makers have risen 26 percent according to a report by the Stockholm International Peace Research Institute (SIPRI).

"Last year global arms revenues reached the highest level ever recorded by SIPRI as producers capitalised on high demand," Lorenzo Scarazzato, researcher with the SIPRI Military Expenditure and Arms Production Programme, said in a statement.

Jade Guiberteau Ricard, a researcher for the same programme

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