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HomeUncategorizedSupply-Chain Issues Slow Global Arms Sales

Supply-Chain Issues Slow Global Arms Sales

Supply-chain snarls are threatening to break a seven-year run of rising global arms sales, even with increasing demand from the war raging in Ukraine and simmering Taiwan-related tensions.

Sales by the world’s 100 largest defense companies rose 1.9% last year to $592 billion, slowing from prepandemic levels and led by gains among suppliers in Europe and Asia, according to the Stockholm International Peace Research Institute, a think tank.

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