Tag: Gaza war

Germany Clears €6.6m Israel Arms Exports

The flags of Germany and Israel in front of the Saxon State Parliament | File Photo: Robert Michael/dpa

Germany approved €6.6 million in arms exports to Israel during the early weeks of the Iran conflict, government data shows. The figure is lower than post-Gaza war approvals, reflecting ongoing limits on military supplies.

SIPRI: Wars Push Global Arms Sales to All-Time High

European companies, Leonardo (No. 10 on the SIPRI 2024 list) and KNDS ( No. 42 on the SIPRI 2024 list), have joined hands to offer the CAESAR Self-Propelled Howitzer, to the military of the top arms selling country in the world, the United States | Photo: Leonardo DRS/KNDS

Global defence revenues surged to a record $679 billion in 2024, driven by the wars in Ukraine and Gaza and rising geopolitical tensions, according to new SIPRI data. The world’s 100 biggest arms makers saw sales grow 5.9 percent, with strong increases in Europe and steady dominance by U.S. firms. SpaceX entered the Top 100 for the first time, while China posted a rare decline due to procurement disruptions.