Growth in arms trade stunted by supply issues: report

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Growth in arms trade stunted by supply issues: report

ID: 

1670195444199640100

Sun, 2022-12-04 23:01

STOCKHOLM: Sales of arms and military services grew in 2021, researchers said Monday, but were limited by worldwide supply issues related to the pandemic, with the war in e increasing demand while worsening supply difficulties.
The top 100 arms companies sold weapons and related services totalling $592 billion in 2021, 1.9-percent more than the year before, said the latest report from the Stockholm International Peace Research Institute (SIPRI).
However the growth was severely impacted by widespread supply chain issues.

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World

Source: Growth in arms trade stunted by supply issues: report