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Euronews
Euronews
Inês Trindade Pereira

Amid Russia's war in Ukraine, how much are weapons companies making?

Ukraine Russia European Union Leonardo SIPRI Thales

Revenues from the sale of weapons and military services by the world's biggest arms companies have reached a record high due to rising geopolitical tensions.

They increased by 5.9% to $679 billion (€583 billion) in 2024 — the highest figure ever recorded, according to the Stockholm International Peace Research Institute (SIPRI).

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