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Al Jazeera

National

Global arms sales rise for 7th year despite supply chain issues

SIPRI Supply chain Russia General Dynamics

Russia's invasion of Ukraine has increased demand for weaponry but also created problems [File: Dimitar Dilkoff/AFP]

Sales of arms and military services by the world’s 100 biggest defence companies rose 1.9 percent to $592BN in 2021 despite supply chain issues that held up shipments of critical components, according to new data from the Stockholm International Peace Research Institute (SIPRI).

The increase, accelerating from 1.1 percent in 2019-2020, marked the seventh consecutive year of rising global arms sales, SIPRI said in its Arms Industry Database released Monday.

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