arms

Aviation Defence & Security Tech

US races to mass-produce battlefield drones

Arnold Pinto 18/07/2025

Amid global drone arms surge The United States is stepping up efforts to produce and deploy low-cost drones at scale as it faces mounting pressure to match rivals in unmanned warfare, US defence officials have confirmed. Eighteen American-made drone prototypes were displayed at the Pentagon on

Business Markets

World’s top arms makers profit from wars and regional tensions

Arnold Pinto 19/12/2024

Earnings top $632bn in 2023 Revenues from the world’s top arms producers surged in 2023, with the 100 largest companies in the sector collectively generating $632 billion, a real-terms increase of 4.2 per cent compared with the previous year. As the Stockholm International Peace Research Institute (SIPRI) recently revealed, this global trend reflects the growing […]

Defence & Security

Global Military Spending Peaks At $2443 Billion In 2023

Arnold Pinto 29/04/2024

Military Buying Up In Most Regions Global military spending surged in 2023 amid rising tensions and insecurity, reaching $2443 billion, according to new data published by the Stockholm International Peace Research Institute (SIPRI). This marked a 6.8% increase in real terms from 2022 and the steepest year-on-year increase since 2009. The 10 largest spenders in […]

Defence & Security

European Arms Imports Rise With Heightened Global Tensions

Arnold Pinto 29/03/2024

The US Is The World’s Leading Arms Supplier European nations have witnessed a staggering 100% increase in significant arms imports. According to the latest data from the Stockholm International Peace Research Institute (SIPRI), this surge coincides with heightened global tensions from 2014-18 to 2019-23. In contrast, the United States and France experienced