Published: Dec 02, 2025, 02:17 IST | Updated: Dec 02, 2025, 02:17 IST
Global instability is proving extraordinarily profitable for the world’s arms industry. A new SIPRI report reveals that the world’s top 100 defence companies made more money in 2024 than in any year on record, with revenues soaring to $679 billion. Here’s what’s driving the surge, which regions are spending the most, and what this means for global security.