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December 28, 2023

World's Top 15 Largest Arms Makers Saw Revenues Soar in 2022-'23
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The world's 15 largest weapons manufacturers have seen revenues soar in
the 2020s as governments placed new orders for heavy weaponry and record
supplies of ammunition. That's according to the Financial Times, which
found in a new analysis that such expenditures soared in 2022 by more
than 10%, compared two years prior, as the U.S. and NATO allies poured
billions of dollars' worth of arms into Ukraine. A global benchmark for
the weapons industry's share prices is up 25% over the past year, while
a European arms and aerospace stock index is up by over 50% over the
same period.


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