Skip to playerSkip to main content
euronews (in English)
  • 5 weeks ago
Amid Russia's war in Ukraine, how much are weapons companies making?

The increase in revenue across EU arms companies was caused by the war in Ukraine and the perceived threat from Russia.  

READ MORE : http://www.euronews.com/2025/12/10/amid-russias-war-in-ukraine-how-much-are-weapons-companies-making

Subscribe to our channel. Euronews is available on Dailymotion in 12 languages

Category

🗞
News
Transcript
00:00Amid Russia's war in Ukraine, how much are weapons companies making?
00:08Revenues from the sale of weapons and military services by the world's biggest arms companies
00:13have reached a record high. They increased by 5.9% to $679 billion in 2024, the highest figure
00:22ever recorded, according to the Stockholm International Peace Research Institute.
00:2626 of the top 100 arms makers, which are based in Europe, saw aggregate revenues grow by 13% to $151 billion.
00:36The sharpest percentage increase in weapons revenues of any top 100 company in 2024 was recorded by the Czech company
00:43Czechoslovak Group, which rose by 193% to $3.6 billion.
00:49In 2024, the arms revenues of the four French companies in the top 100 reached $26.1 billion,
00:56an increase of 12% compared with 2023. The increase was partly driven by growing demand
01:02for its AI and quantum-related technologies. The arms revenues of the two Italian companies
01:07in the top 100 saw a rise of 9.1% to $16.8 billion in 2024. Four companies based in Germany were also
01:16in the top 100. Taken together, their arms revenues increased by 36% to $14.9 billion.
01:23This increase in revenue across EU companies was tied to demand from the war in Ukraine
01:28and the perceived threat from Russia.
Be the first to comment
Add your comment

Recommended

Ukraine war: Which countries are sending weapons and aid to forces fighting the Russian invasion?
euronews (in English)
4 years ago
Every type of weapon the US has sent Ukraine
Business Insider
1 year ago
Have European arms companies increased their profits due to wars?
euronews (in English)
1 year ago
Russia’s Arms Trade Is Dying—Who’s Taking Over?
WooGlobe
10 months ago
Ukraine Strikes Hard: ATACMS & Drones Hit Russian Targets | Conflict Escalates
WooGlobe
1 year ago
Russia-Ukraine war: List of key events, day 1,239
WooGlobe
6 months ago
US decision on arms use important for Ukraine in Russia war, says EU
The Star
1 year ago
President Putin warns that the Ukraine conflict has reached a worldwide scale
teleSUR English
1 year ago
Badenoch joins protest against Chinese ‘mega-embassy’
ODN
9 hours ago
Tory leader denies hypocrisy over Chinese mega-embassy
ODN
10 hours ago
Jenrick: Reform UK can and will win the next election
ODN
1 day ago
[Eng sub] Phoenix in flannel Full Episode Short Chinese Drama Eng Sub
Movie Coverage Trailers
4 months ago
Female Reporter from Pakistan in Difficult Situation
Best Right Way
10 years ago
kamar sanu in street
Best Right Way
10 years ago
BHOOT PRET drama
Best Right Way
10 years ago
Trump to hit eight European countries with 10% tariff over Greenland dispute
euronews (in English)
5 hours ago
EU and Mercosur sign major trade deal in Asuncion
euronews (in English)
5 hours ago
EU seals contentious trade deal with Mercosur countries
euronews (in English)
6 hours ago
Thousands protest in Nuuk against Trump’s plan to annex Greenland
euronews (in English)
6 hours ago
Latest news bulletin | January 17th, 2026 – Evening
euronews (in English)
9 hours ago
Thousands take part in 'Hands off Greenland' protests in Denmark
euronews (in English)
10 hours ago
Dogs and cats blessed with holy water in Madrid
euronews (in English)
10 hours ago
Copenhagen protesters rally for Greenland amid Trump’s push for US control
euronews (in English)
11 hours ago
White House releases names of board members tasked with temporary governance of Gaza
euronews (in English)
13 hours ago
Pressure, purpose and change: Behind the touchlines at Dubai’s World Sports Summit
euronews (in English)
14 hours ago