Posts tagged as SIPRI

World military spending on the rise

Monday, April 26, 2021

Despite the coronavirus pandemic, total global military expenditure rose to nearly 2 trillion dollars last year, according to data published Monday by the Stockholm International Peace Research Institute (SIPRI). Spending totalled 1,981 billion dollars, marking an increase of 2.6 per cent in real terms from 2019. The five biggest spenders in 2020 were the United States, China, India, Russia and Britain. Together they accounted for 62 per cent of global…

World’s nuclear arsenal down but risk of nuclear conflict up: SIPRI

Monday, June 17, 2019

The global nuclear arsenal has slightly decreased in the past twelve months, according to the Stockholm International Peace Research Institute (SIPRI), but the risk of nuclear conflict has risen. “There is a new type of arms race, not about the quantity of warheads but about technologies,” Hans M. Kristensen, an associate senior fellow with the SIPRI Disarmament, Arms Control and Non-proliferation programme, told Euronews. The global security thinktank estimates in…

SIPRI: US dwarfs rest of world in armaments production

Monday, December 10, 2018

US companies hold more than half of the world market share for military equipment, according to a recent study by the Stockholm International Peace Research Institute, SIPRI. The US company Lockheed Martin remains the undisputed leader among the world’s 100 largest defense companies — no other company in the industry made a larger profit in 2017. With sales amounting to $44 billion (€27.8 billion), Lockheed Martin leads the SIPRI ranking…

NATO military spending continues to dwarf that of Russia

By Alasdair Sandford on Thursday, May 3, 2018

Military spending in NATO countries continues to dwarf equivalent spending in Russia and the gap widened in 2017, according to the latest report by the Stockholm International Peace Research Institute (SIPRI). Data provided by the organisation which studies conflict, weapons and arms control found that Russia slipped from third to fourth place in the table of states with the highest military expenditure. Moscow spent $66.3 billion in 2017, nearly three billion dollars…

US, China and Saudi Arabia Biggest Military Spenders in 2017

Wednesday, May 2, 2018

According to a freshly released report on global military expenditure from the Stockholm International Peace Research Institute (SIPRI), China made “the largest absolute increase in spending in 2017, while Russia made the largest decrease.” SIPRI revealed that $1.73 trillion was spent for military purposes around the globe, with the United States, China and Saudi Arabia being listed among the highest investors in military spending. “The increases in world military expenditure in recent years have been largely due…