Amid Russia's war in Ukraine, how much are weapons companies making?
Euronews · Just In
Euronews
Just In
The increase in revenue across EU arms companies was caused by the war in Ukraine and the perceived threat from Russia.
Breakdown
- Global arms revenues hit a record $679 billion in 2024, up 5.9% 13s
- European top 26 arms makers' revenues rose 13% to $151 billion 26s
- Czechoslovak Group's revenues surged 193% to $3.6 billion 40s
- French, Italian, and German firms saw double-digit revenue growth 49s
- Revenue increases linked to Ukraine war and Russian threat 1m 22s
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