Ukraine & West Asia Wars: How US Arms Suppliers Profit From Conflicts | Vantage with Palki Sharm

Ukraine & West Asia Wars: How US Arms Suppliers Profit From Conflicts | Vantage with Palki Sharma

American defence companies claimed 50% of global arms sales in 2023, totalling $317 billion, as conflicts like the Russia-Ukraine war and Israel-Hamas tensions drove demand. The SIPRI Top 100 defence companies recorded $632 billion in revenues, a 4.2% increase from 2022. The US Department of Defense set new records for military sales, particularly to European allies. Leading the charge were firms like Lockheed Martin, RTX, Northrop Grumman, Boeing, and General Dynamics. What does this dominance mean for global security, and how are ongoing conflicts shaping the future of the arms industry?

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Israel vs Hezbollah | Ukraine War | Gaza War | Hamas | Weapons | Joe Biden | West Asia | Firstpost | World News | News Live | Vantage | Palki Sharma | News

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