Taiwan allocates record defence budget for 2022
Facing increasing belligerence from China, Taipei has significantly boosted defence spending, especially for domestically-produced weapons.
US strides ahead of competition in global arms sales results
Lockheed Martin's F-35 fifth-generation fighter jet is in high demand from US services and export customers alike. (Photo: USAF)
A new report from the Stockholm International Peace Research Institute has revealed the extent to which US manufacturers dominate global arms sales.
US manufacturers led the way in 2020 global arms sales, with 41 manufacturers from the region generating a total of $285 billion, an increase of 1.9% compared to 2019, according to a new report from the Stockholm International Peace Research Institute (SIPRI).
Figures released in the report also show that sales of military equipment by the world’s top 100 arms sellers rose to $531 billion in 2020, an increase in real terms of 1.3% against SIPRI data from 2019.
‘The US continues to see steady, high investment in military spending and consequently develop its arms industry in much the same …
Want to read more?
To read this article, along with thousands of others like it, start your Premium News free trial.
Start Trial or log in hereMore from Defence Notes
-
![Taiwan allocates record defence budget for 2022]()
-
![BAE Systems touts benefits of digital engineering]()
BAE Systems touts benefits of digital engineering
Following a recent contract award from the USN, BAE Systems spoke to Shephard about the benefits of digital modelling and engineering approaches.
-
![Boeing figures show higher Apache and F-15 deliveries in 2021]()
Boeing figures show higher Apache and F-15 deliveries in 2021
More attack helicopters and F-15 Eagle fighters reached customers in 2021 than in 2020.
-
![How Saudi Arabia’s World Defense Show is placing the Kingdom at the centre of global defense dialogues (Sponsored)]()
How Saudi Arabia’s World Defense Show is placing the Kingdom at the centre of global defense dialogues (Sponsored)
Saudi Arabia has long been an integral part of global defense dialogues, from strategic summits in neighbouring Gulf nations to high-level conferences that shape the future of defense policy on an international scale.
-
![Elbit Systems UK sells off power and control business]()
Elbit Systems UK sells off power and control business
Elbit reorganises its UK business.
-
![Experia strengthens intelligence on aerospace and defence portfolio with Shephard Media]()
Experia strengthens intelligence on aerospace and defence portfolio with Shephard Media
Experia strengthens intelligence on aerospace and defence portfolio with Shephard Media
