French defence exports surge to EUR 18 billion in 2024, driven by submarine, fighter jet, and artillery sales
The French Ministry of Armed Forces has announced that the country’s defence export contracts in 2024 have reached an impressive EUR 18 billion.
Germany hits record high of arms exports as second biggest donor for Ukraine
A report published last weekend by the German Economy Ministry showed that Germany's arms exports have surged in the first half of 2024, reaching EUR 7.48 billion.
Sharp decline in Russian arms exports amid Ukraine conflict
As a result of the invasion of Ukraine, Russian arms exports have decreased by more than half, due to both prioritising supplies for their own military needs and a decline in demand from foreign buyers.
U.S. defence exports hit record high in fiscal year 2023
The U.S. State Department announced that sales of U.S. military equipment to foreign governments soared to a record USD 238 billion in 2023.
Germany: record value of defence industry exports in 2023
The German government announced a record high in defence industry exports for 2023, totaling EUR 11.7 billion as of mid-December.
South Korea’s arms exports in 2023: slight decline from last year’s record
South Korea's arms exports in 2023 have seen a decrease from the previous year's record high, yet the number of importing countries has tripled, driven by robust demand for advanced Korean weaponry.
Record-breaking exports of French defence industry
In 2022, France achieved a record value of arms export orders, reaching EUR 26.97 billion.
German government approves arms exports to Saudi Arabia
Germany's coalition government has approved new arms export deals to Saudi Arabia, media reported on Thursday.