
Arms Firms Report Record Revenues as Europe Ramps Up War Warnings
New data shows defence giants surging to historic profits while EU governments revive conscription plans and push public ‘preparedness’ campaigns.

New data shows defence giants surging to historic profits while EU governments revive conscription plans and push public ‘preparedness’ campaigns.

The U.S. accounted for 39% of all major arms exports from 2017 to 2021, more than twice Russia’s 19% and greater than the 32% U.S. share from 2012 to 2016.