Arms producers increasing profits globally amid conflicts

A report from the Stockholm International Peace Research Institute (SIPRI) shows that in 2023 the weapons trade increased profits by 4,2 percent compared to the previous year, driven by the wars in Ukraine and Gaza and heightened global tensions, with companies based in Russia and the Middle East leading the increase. Read all  

Dec 4, 2024 - 09:00
Arms producers increasing  profits globally amid conflicts

A report from the Stockholm International Peace Research Institute (SIPRI) shows that in 2023 the weapons trade increased profits by 4,2 percent compared to the previous year, driven by the wars in Ukraine and Gaza and heightened global tensions, with companies based in Russia and the Middle East leading the increase.

Read all

 

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