Global arms sales surge 4% in 2023 amid Ukraine, Gaza wars and Asian tensions

DarlinG

Active member
Global arms sales surge 4% in 2023 amid Ukraine, Gaza wars and Asian tensions Global arms sales rose 4.2% to $632 billion in 2023, driven by conflicts in Ukraine, Gaza, and Asian tensions, SIPRI reported. Russian and Middle Eastern firms saw notable growth after recovering from 2022 supply challenges, as arms makers ramped up production to meet surging demand.
 
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