Published: Mar 12, 2025, 05:00 IST | Updated: Mar 12, 2025, 05:00 IST
Europe’s arms imports surged 155% between 2020 and 2024, driven by heightened security concerns after Russia’s invasion of Ukraine. The United States supplied over 50% of these imports, solidifying its position as the dominant global arms exporter with a 43% market share—more than the next eight exporters combined.