Global arms sales surged to $632 billion in 2023, a 4.2% rise fueled by conflicts like the Ukraine war. US companies dominated, grabbing half the market share. Lockheed Martin retained its top spot despite production challenges. Meanwhile, regional tensions boosted Asian and Middle Eastern markets, while India focused on self-reliance in defense production, recording a 5.8% growth.
Related Posts
From heading al-Qaida branch to interview on CNN: How man who toppled Assad rebranded himself
Abu Mohammed al-Jolani, former leader of al-Qaeda’s Syrian branch, is rebranding himself as a moderate political figure. He broke from al-Qaeda in 2016, forming Hayat […]
‘Ozempic Santa’: Elon Musk shares quirky picture of himself on Christmas Day
Elon Musk shared a photo dressed as Santa Claus, engaging social media users. He compared this look with a childhood Santa photo, receiving praise and […]
How AAP lost hold over MCD in less than 3 years of win
Aam Aadmi Party withdrew from Delhi mayoral elections, alleging BJP’s use of unethical tactics like horse-trading and intimidation to sway AAP councillors. AAP leaders claimed […]