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:
- Fincantieri to lead the upgrade of PPA units to the Full Combat System configuration
- Implementing “Zeitenwende” – KNDS expands BOXER vehicle production
- ► Patria-led eALLIANCE programme to collaborate with Ukrainian IRON Cluster and Double Tap Investments
- ► Lockheed Martin invests $25M in Fortem Technologies to meet urgent demand for countering UAS threats
- Major order worth billions: Rheinmetall to supply the Bundeswehr with FV-014 loitering munition
SIPRI
World’s top arms producers see revenues rise on the back of wars and regional tensions
Stockholm, 2 December 2024 – Revenues from sales of arms and military services by the 100 largest companies in the
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Global military spending surges amid war, rising tensions and insecurity
Stockholm, 22 April 2024 Total global military expenditure reached $2443 billion in 2023, an increase of 6.8 per cent in
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European arms imports nearly double, US and French exports rise, and Russian exports fall sharply
Stockholm, 11 March 2024 – States in Europe almost doubled their imports of major arms (+94 per cent) between 2014–18
Continue readingSIPRI: 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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