SIPRI Military

Arms Revenue Increase Witnessed in All Regions, World’s Top Arms Producers See Revenues Rise in 2023: SIPRI

RA Editorial Desk - December 2, 2024

Stockholm: 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, according to...

Global Military Expenditure Surge Continues for Ninth Consecutive Year, India Fourth Largest Military Spender: SIPRI

Admin - April 22, 2024

Stockholm. The total global military expenditure reached $2443 billion in 2023, an increase of 6.8 per cent in real terms from 2022. This was the steepest year-on-year increase since 2009. The 10 largest spenders...

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