US Firms Made Nearly Half of Global Arms Revenue in 2024, SIPRI Finds
SIPRI’s new report shows U.S. firms earned $334B in 2024 – nearly half of the record $679B global arms industry revenue.
Stay informed, stay connected—news for amigos everywhere.
SIPRI’s new report shows U.S. firms earned $334B in 2024 – nearly half of the record $679B global arms industry revenue.
The Trump administration is exploring a bold rebrand: restoring the Department of Defense’s old 1947 name, the Department of War. Could the change happen within weeks?
At Shangri-La Dialogue, US defense rhetoric sparks debate over regional security and the call for cooperation in Asia-Pacific.
U.S. Defense Secretary Pete Hegseth allegedly leaked details of a March air strike on Yemen’s Houthis via a private Signal chat, stirring national security concerns.
U.S. Defense Secretary Pete Hegseth advocates for increasing military spending to over 3% of GDP and urges NATO members to double their budgets, sparking debates in Europe.