April 18, 2024

US Firms Drag Down Global Arms Sales

Last year annual weapons sales by leading US defense companies fell, contributing heavily to the top 100 global defense companies suffering a real terms revenue dip of 3.5%. The US was the chief cause of the global decline. US competitor revenues across Asia and Oceania and the Middle East saw substantial increases.

Nuclear Warheads Threatened by Budget CR

nuclear warhead

A long-term continuing resolution holding budgets at FY19 levels threatens modernization of nuclear warheads and construction of needed plutonium pits.