SIPRI: Unprecedented rise in global military expenditure as European and Middle East spending surges
Stockholm, 28 April 2025 – World military expenditure reached $2718 billion in 2024, an increase of 9.4 per cent in
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Latest:
- ► Eurenco raises €300 million to accelerate its industrial expansion in Europe
- ► Indra Group and ELT Group sign a framework agreement to enhance their strategic cooperation in multi-domain defence
- ► TKMS, the Israel Ministry of Defense and Elbit Systems inaugurate a new manufacturing facility in Israel for underwater submarine components
- Embraer delivers first Two A-29 Super Tucanos to Uruguayan Air Force
- Elbit Systems awarded $277 Million contracts for 30mm turrets and munitions by an international customer
military expenditures
SIPRI: World military expenditure reaches new record high as European spending surges
Stockholm, 24 April 2023 – Total global military expenditure increased by 3.7 per cent in real terms in 2022, to
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